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.