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Australia Housing Credit MoM held to 0.6% in June 2026, released July 2026. The print exceeded the 0.5% consensus by 0.1%. Year-over-year, the indicator is up 0.1%. Over the past 3 months, Housing Credit MoM averaged 0.55%, vs 0.6% in the prior 3-month window. The reading is in the 77th percentile of the trailing 24-month range.
across last 12 releases
Jul 2026
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| XAU/USD | ▼ Inverse | −0.49 | COMMODITIES | Moves against | → View |
| BTC/USD | ▲ Direct | +0.48 | CRYPTO | Moves with | → View |
| S&P 500 | ▲ Direct | +0.28 | INDEX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
Housing Credit MoM (Australia) was reported at 0.6% in July 2026. This beat the market consensus of 0.5% by 0.1%. The reading was unchanged from the previous release. Trailing 12-month context per ETL data through July 2026. Over the past 12 months, the indicator has averaged 0.59%, ranging from 0.5% to 0.7% across 11 releases.
The trailing three releases averaged 0.57%, down from the prior three at 0.63%. Volatility over the past year (σ 0.05%) is higher than the prior year (σ 0.04%). In July readings over the past 3 years, Housing Credit MoM has averaged 0.5%.
Historically, this indicator is negatively correlated with XAU/USD (Bearish XAU). A secondary relationship exists with BTC/USD, positively correlated (Bullish BTC). Over the last 12 releases, the Sigmacast model's median absolute error is 0.04%.
The next release is scheduled for August 31, 2026. Same-country events in the next 14 days include NAB Business Confidence (Aug 11) and Interest Rate Decision (Aug 11).
Auto-generated from current model state · Refreshes on each release · Last update July 2026.
Housing Credit MoM (Month-over-Month) is a financial indicator that measures the change in the amount of credit extended to individuals and businesses for the purpose of purchasing or refinancing housing properties. This indicator provides valuable insights into the current state of the housing market and can help investors and policymakers make informed decisions about the overall health of the economy. A positive change in Housing Credit MoM indicates an increase in demand for housing, while a negative change may suggest a slowdown in the housing sector.
Housing data leads broader economic cycles by several months and is highly rate-sensitive, with knock-on effects to construction, materials, and consumer credit. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
Latest reading (Jun 2026): actual 0.6 %, consensus 0.5 %. Prior reading (May 2026): 0.5 %. Before that (Apr 2026): 0.6 %.
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary neutral force in the current projection. This indicator correlates most strongly with XAU/USD (Bearish XAU, r=-0.49) — a useful reference for commodities-focused traders.
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| Tuesday, August 11, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 01:30 | NAB Business Confidence | -5 | -6 | -2.00 | High | ||
| 04:30 | Interest Rate Decision | 4.35 | 4.35 | 4.35 | High | ||
| Friday, August 14, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 01:30 | Home Loans QoQ | -4.3 | -2.3 | -7.00 | Medium | ||
| 01:30 | Investment Lending for Homes | -3 | -6.4 | -9.70 | Medium | ||