AUD HIA New Home Sales (M/M)
HIA New Home Sales, released by the Housing Industry Association, represents the number of new houses sold in the past month. It gives us the best insight into buyer sentiment. The figure provides housing market condition. House buyers spend money on furnishing and financing their homes, which stimulates the demand for goods, services, and the employees. New Home Sales are one of the first indications of whether change has occurred, when economic conditions slow.