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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
AustraliaAustralia HIA New Home Sales MoM climbed to 6.2% in February 2020
FMPMonthlyReleased March 2020
Australia HIA New Home Sales MoM climbed to 6.2% in February 2020, released March 2020, up 0.5% from January's 5.7% reading. The print exceeded the -1.9% consensus by 8.1%. HIA New Home Sales MoM has now risen for 4 consecutive months. Over the past 3 months, HIA New Home Sales MoM averaged 2.4%, vs 4.17% in the prior 3-month window. The reading is in the 91st percentile of the trailing 24-month range.
Latest Release
6.2
Actual
-1.9
Consensus
5.7
Previous
Median Absolute Error
±7.1 percentage points
across last 4 releases
Last Call
Mar 2020
Predicted: -1.9
Actual: 6.2
Error: -8.1
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Signal Bias | Action |
|---|---|---|---|---|---|
| AUD/USD | ▲ Direct | +0.55 | FOREX | Bullish AUD | → View |
| AUD/JPY | ▲ Direct | +0.45 | FOREX | Bullish AUD | → View |
| AUD/NZD | ▲ Direct | +0.40 | FOREX | Bullish AUD | → View |
| XAU/USD | ▲ Direct | +0.35 | COMMODITIES | Watch | → View |
| NZD/USD | ▲ Direct | +0.35 | FOREX | Bullish NZD | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
HIA New Home Sales MoM (Australia) was reported at -16% in September 2022. The reading fell from the previous value of -13.1%.
WHY IT MATTERS
The indicator has been trending downward over the last three releases. The trailing three releases averaged -9.07%, down from the prior three at -0.93%.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with AUD/USD (Bullish AUD). A secondary relationship exists with AUD/JPY, positively correlated (Bullish AUD).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Full Time Employment Chg (Jun 25) and Employment Change (Jun 25).
Auto-generated from current model state · Refreshes on each release · Last update September 2022.
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HIA New Home Sales MoM - AU
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About HIA New Home Sales MoM — Australia
DEFINITION
HIA New Home Sales MoM is a monthly financial indicator that measures the percentage change in the number of new homes sold in Australia. It is released by the Housing Industry Association (HIA) and provides valuable insights into the health of the Australian housing market. This indicator is closely monitored by economists, investors, and policymakers as it reflects the current demand for new homes and can impact the overall economy. A positive change in HIA New Home Sales MoM indicates a growing housing market, while a negative change may signal a slowdown in the industry.
WHY THIS INDICATOR MATTERS
Housing data leads broader economic cycles by several months and is highly rate-sensitive, with knock-on effects to construction, materials, and consumer credit. The release is more useful as part of a longer-run signal than as a single-print catalyst. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Aug 2022): actual -16 %. Prior reading (Jul 2022): -13.1 %. Before that (Jun 2022): 1.9 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a materially lower reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bearish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary headwind in the current projection. This indicator correlates most strongly with AUD/USD (Bullish AUD, r=0.55) — a useful reference for forex-focused traders.
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Economic Calendar - AU Events
| Thursday, June 25, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 01:30 | AU | Household Spending YoY | 4.9 | 4.1 | 4.10 | Low | |
| 01:30 | AU | Household Spending MoM | -1.1 | 0.5 | 0.50 | Low | |
| 01:30 | AU | Participation Rate | 66.7 | 66.8 | 66.80 | Low | |
| 01:30 | AU | Employment Change | -18.6 | 25 | 25.00 | Medium | |
| 01:30 | AU | Unemployment Rate | 4.5 | 4.4 | 4.40 | Medium | |