New statistics released today show new land sales has fallen 17 per cent down from the quarter in March this year. 

CEO of Urban Development Institute of Australia WA, Tanya Steinbeck told 6pr Radio she's not surprised by the data amidst the labour and material shortages the industry is battling. 

"Land prices have been very steady, its really been the construction side that's been hit the hardest," she says.

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