HIA Australia New Home Sales m/m

Country: Australia, AUD
Importance:
Medium
Sector: Housing
Last release
Actual
-69.4%
Forecast
14.1%
Previous
32.5%
Date (GMT)
Reference
Actual
Forecast
Aug 2012
-5.3%
Jul 2012
-5.6%
Jun 2012
2.8%
May 2012
0.7%
Apr 2012
6.9%
Mar 2012
-9.4%
Feb 2012
3.0%
Jan 2012
-7.3%
Dec 2011
-4.9%
Nov 2011
6.8%
Oct 2011
5.5%
Sep 2011
-3.5%
Aug 2011
1.1%
Jul 2011
-8.0%
Jun 2011
-8.7%
May 2011
-0.2%
Apr 2011
0.2%
Mar 2011
4.3%
Feb 2011
0.6%
Jan 2011
2.5%

HIA New Home Sales m/m reflect a percentage change in sales of new residential spaces in the reported month compared to the previous month. The indicator is calculated based on data collected from a survey of the 100 largest developers in Australia, which account for 33% of all new residential premises. The obtained values are then extrapolated to the entire market and are seasonally adjusted. A higher than expected reading can have a positive effect on the Australian dollar quotes.

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