Australia New Home Sales - Forecast

New Home Sales in Australia is expected to be 5000.00 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 5538.23 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.


Forecast Data Chart
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Australia Housing Last Q4/18 Q1/19 Q2/19 Q3/19 2020
Building Permits -9.4 3.2 0.36 0.37 0.39 2
New Home Sales 4767 5000 4900 5541 5538 5550
Housing Index -0.7 -1.5 -0.4 -0.57 -0.54 2.1
Home Ownership Rate 65 64 63.5 63.5 64.38 64
Construction Output 1.6 1.5 0.6 0.55 1.23 0.2
Construction Pmi 49.3 56 55.6 54 48.11 50