The number of new dwellings sold in the past month. An increase in home sales suggests a growing housing market which will tends to promote the rest of the economy. New Home Sales confirms trends in housing reports that record earlier stages of construction such as Building Approvals and Construction Work Done and is considered a leading indicator for broader economic developments.

The headline figure is the percentage change in housing sales from the previous month.

Relevance :Moderate market impact
Release Schedule : 4:00 (GMT); monthly, end of every month
Source of Report : Housing Industry Association Economics Group
Web Address : http://economics.hia.com.au/
Address of Release : http://economics.hia.com.au/archive.aspx