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. New Home Sales in Australia averaged 8203.50 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.

New Home Sales in Australia is expected to be 4500.00 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 4500.00 in 12 months time. In the long-term, the Australia New Home Sales is projected to trend around 5650.00 Units in 2020, according to our econometric models.

Australia New Home Sales
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Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2019-07-02 01:30 AM HIA New Home Sales MoM May 28.8% -11.8% 1.6%
2019-08-01 05:00 AM HIA New Home Sales MoM Jun -12.1% 28.8% -2.5%
2019-08-29 04:00 AM HIA New Home Sales MoM Jul -7.2% -12.1% 6%
2019-10-04 03:00 AM HIA New Home Sales MoM Aug 7.3% -7.2% 33.7% 23%
2019-11-29 12:00 AM HIA New Home Sales MoM Oct
2020-01-01 12:00 AM HIA New Home Sales MoM Nov


Australia Housing Last Previous Highest Lowest Unit
Building Permits -1.10 -9.70 31.60 -21.90 percent [+]
New Home Sales 4548.00 4237.00 20768.00 4035.00 Units [+]
Housing Index -0.70 -3.00 6.10 -3.00 percent [+]
Home Loans 49792.00 48899.00 63242.00 17242.00 [+]
Home Ownership Rate 65.00 67.00 71.40 65.00 percent [+]
Construction Output -3.80 -2.20 17.90 -18.90 percent [+]
Construction Pmi 42.60 44.60 60.50 29.24 Index Points [+]


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. 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 - actual data, historical chart and calendar of releases - was last updated on October of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
4548.00 4237.00 20768.00 4035.00 1999 - 2019 Units Monthly
SA




Country Last Previous
Australia 4548.00 Aug/19
China 97497.00 Sep/19
France 33922.00 Jun/19
Singapore 1270.00 Sep/19
Spain 6.43 Aug/19
Turkey 38931.00 Jul/19
United States 713.00 Aug/19


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