Australian new home sales fell 1.8 percent month-over-month in January 2019, following a 6.7 percent decline in the previous month, according to Australia’s Housing Industry Association (HIA) data. Across the country, sales in the three months to January 2019 compared with the same period a year earlier were lower most significantly in Queensland (-30.2 percent), New South Wales (-20.7 percent), Western Australia (-11.0 percent) and Victoria (-10.6 percent). New house sales have been trending downwards nationally since the end of 2017. New Home Sales in Australia averaged 8347.90 from 1999 until 2018, reaching an all time high of 20768 in March of 2001 and a record low of 4769 in August of 2018.

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 5368.81 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
Forecast Data Chart
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Calendar GMT Actual Previous Consensus TEForecast
2018-10-29 12:00 AM HIA New Home Sales MoM 1.1% -2.9%
2018-11-29 12:30 AM HIA New Home Sales MoM -0.8% 1.1%
2018-12-18 02:00 AM HIA New Home Sales MoM 3.6% -0.8%
2019-03-04 02:00 AM HIA New Home Sales MoM -1.8% -6.7% -5%
2019-04-01 12:00 AM HIA New Home Sales MoM -1.8% -4.3%
2019-05-02 01:00 AM HIA New Home Sales MoM
2019-05-29 01:00 AM HIA New Home Sales MoM

Australia Housing Last Previous Highest Lowest Unit
Building Permits 2.50 -8.10 31.70 -21.80 percent [+]
New Home Sales 4538.00 4623.00 20768.00 4538.00 Units [+]
Housing Index -2.40 -1.50 6.10 -2.40 percent [+]
Home Ownership Rate 65.00 67.00 71.40 65.00 percent [+]
Construction Output -3.10 -3.60 17.60 -18.90 percent [+]
Construction Pmi 43.80 43.10 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 March of 2019.

Actual Previous Highest Lowest Dates Unit Frequency
4538.00 4623.00 20768.00 4538.00 1999 - 2019 Units Monthly

Country Last Previous
Australia 4538.00 Jan/19
China 11028.00 Feb/19
France 31625.00 Dec/18
Singapore 1198.00 Nov/18
Spain 9.26 Jan/19
Turkey 32648.00 Feb/19
United States 607.00 Jan/19