In a positive piece of news for the property development and residential construction industry, the amount builders and property developers are able to charge for houses they build is on the rise.

The increases remain modest, however. Around the country, prices for project homes (new homes or homes built off the plan) rose by 0.95 per cent on a capital-city weighted average basis in the June quarter, according to estimates from the Australia Bureau of Statistics. Brisbane led the way, with prices…