Loading page content
Data from FMP. Forecasts by Sigmanomics Forecast Engine.
AustraliaAustralia House Price Index QoQ fell to 4.7 in October 2021
FMPMonthlyReleased March 2022
Australia House Price Index QoQ fell to 4.7 in October 2021, released March 2022, down 0.3 from September's 5.0 reading. The print exceeded the 3.9 consensus by 0.8. House Price Index QoQ has now declined for 3 consecutive months. House Price Index QoQ is now the lowest in 9 months.
Latest Release
4.7
Actual
3.9
Consensus
5
Previous
Median Absolute Error
±0.6 percentage points
across last 12 releases
Last Call
Mar 2022
Predicted: 3.9
Actual: 4.7
Error: -0.8
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 March 2022 reading fell from the previous value of 5. Over the last 12 releases, the Sigmanomics model has produced a median absolute forecast error of ±0.6. Historically, this indicator is positively correlated with AUD/USD (Bullish AUD) and positively correlated with AUD/JPY (Bullish AUD).
SHARE
House Price Index QoQ - AU
Loading chart data...