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