Australia HIA New Home Sales MoM
Currency: Australian Dollar
Previous value: -69.4%
Market reaction - market price changing right after the data has been published. Follow past market changes by choosing tiker and event date.
HIA New Home Sales published by the Housing Industry Association measures the level of new residential buildings that were sold in Australia during the past month. This report allows you to analyze the strength of the Australian housing market, which helps to do the analysis of the economy as a whole. After the purchase, buyers start spending money on furniture, etc, which stimulates demand for goods, services, and workforce. A higher than expected number is considered as positive/bullish for the AUD, and indicator below expectations indicate a negative/bear market for the currency.
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