HIA New Home Sales (MoM)

Date Time Left   Event Impact Previous Consensus Actual
May 31, 01:27  HIA New Home Sales (MoM) 0.9% 6.0%

HIA New Home Sales (MoM)

HIA New Home Sales released by the Housing Industry Association presents the number of new home sales in Australia. It indicates the housing market condition. House buyers spend money on furnishing and financing their homes, which stimulates the demand for goods, services, and the employees. Thus, a high reading is seen as bullish (or positive) for the AUD, whereas a low reading is seen as bearish (or negative).



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