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Early data shows the federal government's HomeBuilder initiative is saving jobs in the construction sector. Photo: Shutterstock

HomeBuilder grants driving rebound in new home sales

New home sales data is beginning to show the impact of the federal government’s HomeBuilder initiative, but a strong rebound in June has not fully offset the transaction slowdown of the previous three months.

Housing Industry Association data showed new home sales rose by 77.6 per cent in June, bou…

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