Sumitomo Forestry Australia Takes Top Spot in HIA Housing 100

The Housing Industry Association (HIA) recently released its HIA Housing 100 report for the financial year ending June 2026. The report ranks Australia's largest residential builders based on the number of new home commencements.

Sumitomo Forestry Australia, a subsidiary of Japanese construction giant Sumitomo Forestry Co., secured the top spot with 8,038 new home starts across its brands in Australia during the past financial year. This marks a significant increase from the previous year when it had 7,311 starts before acquiring Metricon Homes.

The report highlights that Sumitomo's rise to number one reflects the growing influence of international players in the Australian housing market. For tradies, this could mean more opportunities for large-scale projects and potential changes in construction materials and methods favoured by these major builders.

Source: Sourceable. Summarised by QuoteTrades.