The latest edition of the HIA-CoreLogic RP Data Residential Land Report covers the December 2015 quarter and provide more evidence of severe supply constraints in the market for residential land.

During the December 2015 quarter, the number of residential lot sales across Australia fell by 1.6 per cent, while the median lot prices increasing by 5.2 per cent to $234,600. Land supply pressures were more pronounced in the capital cities, with lot sales falling by 2.3 per cent during the…