Housing Industry of Australia new home sales data (for April 2016)

  • Detached house sales are -3%
  • Multi-unit sales -10.8%
  • HIA commenting that the trend in new home sales has peaked for this cycle
  • The falls are "very mild"
  • HIA economist Diwa Hopkins says the data signals potentially 'very healthy' home construction activity throughout 2016

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More detail (for the Aussies):

  • New South Wales -8.1%
  • Queensland -7.7%
  • South Australia -1.3%
  • Western Australia -19.8%

And, finally ....

  • Victoria 2,208 (+14.3%) ... in your face, rest of Australia :-D