Australian new home sales declined 69.4 per cent month-over-month to 4,143 units in January of 2021 after a 91.8 percent surge in the previous month, data from Housing Industry Association showed. Still, it was an encouraging result given the nature of the market in January and taking into consideration that December’s sales were boosted by the HomeBuilder program, with households finalizing contracts to build a new home before the deadline on December 31st to access the $25,000 grant. source: Housing Industry Association (HIA)
New Home Sales in Australia averaged 8026.57 Units from 1999 until 2021, reaching an all time high of 20768 Units in March of 2001 and a record low of 3647 Units in May of 2020. 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. Australia New Home Sales - data, historical chart, forecasts and calendar of releases - was last updated on February of 2021.
New Home Sales in Australia is expected to be 6000.00 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 5700.00 in 12 months time. In the long-term, the Australia New Home Sales is projected to trend around 5500.00 Units in 2022, according to our econometric models.