Australia's new homes sales rose 2 percent from a month earlier in December 2019, rebounding from a 4.4 percent fall in the previous month, data from Housing Industry Association showed. Considering 2019 as a whole, new home sales went down 10.1 percent compared to 2018. Australia New Home Sales - data, historical chart, and calendar of releases - was last updated on February of 2020 from its official source.

New Home Sales in Australia averaged 8189.22 Units from 1999 until 2019, reaching an all time high of 20768 Units in March of 2001 and a record low of 4035 Units in April of 2019. This page provides the latest reported value for - Australia New Home Sales - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news. source: Housing Industry Association (HIA)

New Home Sales in Australia is expected to be 4450.00 Units by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate New Home Sales in Australia to stand at 4850.00 in 12 months time. In the long-term, the Australia New Home Sales is projected to trend around 5650.00 Units in 2021, according to our econometric models.


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Australia New Home Sales

Actual Previous Highest Lowest Dates Unit Frequency
4462.00 4374.00 20768.00 4035.00 1999 - 2019 Units Monthly
SA


Calendar GMT Actual Previous Consensus TEForecast
2019-11-01 12:00 AM Sep 5.7% 7.3% -0.3%
2019-11-29 12:00 AM Oct -0.5% 5.7% 6.6% 2.1%
2020-01-17 12:00 AM Nov -0.5% -0.5% -1.3%
2020-02-04 12:00 AM Dec 2% -4.4% -2.5%
2020-03-03 12:00 AM Jan 2% -3.1%
2020-03-03 12:30 AM Feb
2020-03-31 03:00 AM Mar -0.5%
2020-05-05 04:15 AM Apr
Go to our Calendar for more events. Or learn more about the Calendar API for direct access.


News Stream
Australia New Home Sales Unexpectedly Fall
Australia's new homes sales fell 0.5 percent from a month earlier in October 2019, after increasing 5.7 percent in the previous month and missing market expectations of a 6.6 percent gain, data from Housing Industry Association showed. Sales dropped in Victoria (-1.2 percent); South Australia (-1 percent); and New South Wales (-4.8 percent); while rose in Queensland (5.7 percent) and were relatively flat in Western Australia.
2019-11-29
Australia New Home Sales Rise for 2nd Month
Australia's new homes sales rose 5.7 percent from a month earlier in September 2019, following a 7.3 percent increase in the previous month, data from Housing Industry Association showed. Sales increased in South Australia (18.0 percent), Western Australia (13.6 percent), Victoria (11.0 percent) and Queensland (1.7 percent), but fell in New South Wales (-12.1 percent). “The easing of APRA’s lending restrictions and the RBA’s rate cuts have started to have a positive impact on the new home market,” said HIA Economist, Angela Lillicrap.
2019-10-31
Australia New Home Sales Rebound in August
Australia's new homes sales rose 7.3 percent from a month earlier to 4,548 units in August 2019, reversing a 7.2 percent drop in the previous month, data from Housing Industry Association showed. Sales increased in Victoria (11.0 percent), New South Wales (12.8 percent) and Queensland (10.6 percent), but fell in Western Australia (-5.3 percent) and South Australia (-4.1 percent). Despite the monthly lift in August, sales figures are still weaker than they were a year ago. New home sales were down by 4.6 percent compared with the same time a year ago and sales during the three months to August were 9.4 percent lower than a year ago.
2019-10-04
Australia New Home Sales Fall 7.2% MoM in July: HIA
Australian new home sales declined by 7.2 percent month-over-month in July 2019, following a 12.1 percent drop in the previous month. Around the states, new home sales fell in Victoria (-12.6 percent), New South Wales (-5.6 percent), Queensland (-4.3 percent), and South Australia (-4.2 percent); but went up in Western Australia (0.6 percent). We are yet to see any material impacts from the two recent interest rates cuts in June and July or from the recent tax cuts," HIA's chief economist Tim Reardon said. "The effects of these should trickle into new home sales data over the coming months and will assist in further stabilizing the market," he added.
2019-08-29

Australia New Home Sales
In Australia, new home sales are based on the survey results obtained from State-wide estimates using weights based on financial year market shares of private dwelling commencements.