Australia New Home Sales - Forecast

New Home Sales in Australia is expected to be 5400.00 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 4900.00 in 12 months time. In the long-term, the Australia New Home Sales is projected to trend around 5550.00 in 2020, according to our econometric models.


Australia New Home Sales
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Australia Housing Last Q2/18 Q3/18 Q4/18 Q1/19 2020
Building Permits 2.6 5.1 -2.2 3.2 0.4 2
New Home Sales 5418 5400 5200 5000 4900 5550
Housing Index 1 1.1 1.2 2 -0.4 2.1
Home Ownership Rate 65 64 64 64 63.5 64
Construction Output 0.2 1.1 0.8 1.5 0.6 0.2
Construction Pmi 55.37 54.8 55.7 56 55.6 50