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Data from FMP. Forecasts by Sigmanomics Forecast Engine.
AustraliaAustralia Housing Credit MoM fell to 0.5% in July 2026
FMPMonthlyReleased August 2026
Australia Housing Credit MoM fell to 0.5% in July 2026, released August 2026, down 0.1% from June's 0.6% reading. The reading matched the 0.5% consensus. The print is running well below the 12-month average of 0.59%. Over the past 3 months, Housing Credit MoM averaged 0.57%, vs 0.6% in the prior 3-month window. Housing Credit MoM is now the lowest in 16 months.
Latest Release
0.5
Actual
0.5
Consensus
0.6
Previous
Median Absolute Error
±0.03 percentage points
across last 12 releases
Last Call
Aug 2026
Predicted: 0.53
Actual: 0.5
Error: +0.03
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| XAU/USD | ▼ Inverse | −0.46 | COMMODITIES | Moves against | → View |
| BTC/USD | ▲ Direct | +0.39 | CRYPTO | Moves with | → View |
| S&P 500 | ▲ Direct | +0.37 | INDEX | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Housing Credit MoM (Australia) was reported at 0.5% in August 2026. This matched the market consensus of 0.5% exactly. The reading fell from the previous value of 0.6%. Trailing 12-month context per ETL data through August 2026. Over the past 12 months, the indicator has averaged 0.59%, ranging from 0.5% to 0.7% across 11 releases.
WHY IT MATTERS
The trailing three releases averaged 0.53%, down from the prior three at 0.6%. Volatility over the past year (σ 0.05%) is higher than the prior year (σ 0.04%). In August readings over the past 3 years, Housing Credit MoM has averaged 0.5%.
THE MODEL'S TAKE
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 0.03%.
WHAT TO WATCH NEXT
The next release is scheduled for September 30, 2026. Same-country events in the next 14 days include CFTC AUD speculative net positions (Sep 18) and RBA Hunter Speech (Sep 21).
Auto-generated from current model state · Refreshes on each release · Last update August 2026.
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Housing Credit MoM - AU
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About Housing Credit MoM — Australia
DEFINITION
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.
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. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jul 2026): actual 0.5 %, consensus 0.5 %. Prior reading (Jun 2026): 0.6 %. Before that (May 2026): 0.5 %.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a 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 XAU/USD (Bearish XAU, r=-0.46) — a useful reference for commodities-focused traders.
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Economic Calendar - AU Events
| Wednesday, September 16, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 01:00 | AU | Westpac Leading Index MoM | 0 | 0.2 | 0.25 | Low | |
| 01:00 | AU | Leading Index MoM | 0 | 0.2 | 0.20 | Low | |