New home sales in Victoria remain depressed
New home sales in Victoria fell 23.3 per cent in the September quarter 2026. The drop reverses the improvement seen earlier in the year and returns sales to the depressed 2023-2024 levels.
New home sales in Victoria fell 23.3 per cent in the September quarter 2026.
Why have new home sales in Victoria dropped again and what does it mean for tradies?
Builders, carpenters, plumbers, electricians and other trades working on new Victorian homes face a thinner pipeline of starts. That means more competition for work and possible gaps in their schedules.
Key takeaways
- Victorian new home sales fell 23.3 per cent in the September quarter 2026.
- The fall reverses the improvement seen earlier in 2026.
- Sales have returned to the depressed 2023-2024 levels.
- Fewer new home sales usually means fewer future building starts for trades.
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