The Traderszone Network

Published in TZ Latest News 29 September, 2016 by The TZ Newswire Staff

Australia – HIA New Home Sales for August: +6.1% m/m (prior -9.7%)

Housing Industry Association (HIA) data

Jump in new home sales driven by the +17.8% in multi-unit sales (was down 17.3% for the previous month … yes, this is a ‘lumpy’ data point). Detached house sales up 2.9% in August (down 7.4% in July)