Australia New Home Sales  Forecast


New Home Sales in Australia is expected to be 6000.00 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 5800.00 in 12 months time. In the long-term, the Australia New Home Sales is projected to trend around 6550.00 in 2020, according to our econometric models.


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Australia Housing Last Q4/17 Q1/18 Q2/18 Q3/18 2020
Building Permits 0.4 4.5 -6.2 5.1 -2.2 2
New Home Sales 7285 6000 5900 6000 5800 6550
Housing Index 1.9 1.5 1.26 1.6 1.7 2.1
Home Ownership Rate 67 66.73 66.69 66.65 66.61 67.82
Construction Output 9.3 0.8 0.7 0.7 0.94 0.2
Construction Pmi 54.7 52 51.5 51 50.7 50