ABS Building Activity data shows 1,268 homes were completed in the ACT during the March quarter, up 23% on the previous quarter (1029), while 1,488 homes commenced construction, a massive 72% lift on the previous quarter (866). Over the 12 months to March 2026, the Territory recorded 4,243 dwelling completions and 4,946 dwelling commencements.
Property Council ACT & Capital Region Executive Director Ashlee Berry said the figures showed the ACT is making good progress on reform.
"Housing supply remains one of the ACT's biggest challenges, so today's numbers are a welcome sign we're heading in the right direction with recent reforms," Ms Berry said.
"The Government has taken some important steps, but there is still considerable work ahead if we're going to meaningfully increase housing delivery."
Ms Berry said the latest building activity figures follow last week's approvals data, which showed the Territory's housing pipeline remained relatively thin despite some monthly improvement.
"Housing approvals lifted during May, and that's encouraging, but we need to keep up the momentum to make sure the pipeline is ready to match our population growth.
"Without a consistently stronger pipeline of approved projects progressing into construction and ultimately becoming completed homes, affordability pressures will continue and the Territory will struggle to meet its housing objectives."
Ms Berry said the ACT Government's recent housing reforms were welcome and reflected several areas long advocated for by industry.
"The permanent abolition of stamp duty for new homes, the expansion of stamp duty relief for first home buyers, planning reforms to support missing middle housing and the review of the Lease Variation Charge are all positive developments," she said.
"These reforms demonstrate a willingness to tackle housing supply challenges and improve pathways into home ownership, but the key issue remains feasibility
"Construction costs, finance conditions, taxes, charges and regulatory requirements all influence whether a project moves ahead or remains on hold.
"The task now is to build on the momentum that has been created and make sure every lever is pulling in the same direction to support housing delivery at scale," she said.
