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Australia Invest Housing Finance MoM

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Australia Invest Housing Finance MoM

Frequency

Delivery Method

Website popup

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Status

 
Latest Release
Nov 01, 2024
Actual
-1.0%
Previous
1.8%
Construction industry provides information on construction output and activity. Such information gives an insight into the supply on the housing and construction market. Rising number of new construction starts or value of construction completed reflects higher consumer and business optimism. Expanding construction indicates growth in the housing market and predicts an increase in the overall economy. However, an excessive supply of new buildings may result in a drop in housing prices. The construction industry is one of the first to go into a recession when the economy declines but also to recover as conditions improve. Investment housing, fixed loans are the sum of investment housing - construction of dwellings for rent or resale, investment housing - purchase by individuals for rent or resale and investment housing - purchase by others for rent or resale. The commitments are for the construction or purchase of owner-occupied dwellings.
Importance:
Country:
Currency: AUD
Source: Australian Statistician
Australia Invest Housing Finance MoM
 
Release Date Time Actual Forecast Previous
Nov 01, 2024 11:30 -1.0%   1.8%
Oct 04, 2024 (Aug) 12:30 1.4%   5.1%
Sep 06, 2024 (Jul) 12:30 5.4%   2.7%
Aug 02, 2024 12:30 2.7%   -1.3%
Jul 08, 2024 12:30 -1.3%   5.3%
Jun 06, 2024 12:30 5.6%   3.8%

News

Owner Occupied Housing Commitments Fell In August
Owner Occupied Housing Commitments Fell In August By Australian Bureau of Statistics - Oct 16, 2018

AUGUST KEY POINTS AUGUST 2018 COMPARED WITH JULY 2018: HOUSING FINANCE FOR OWNER OCCUPATION The total value of owner occupied housing commitments excluding alterations and additions fell...

Analysis

Greg Peel
The Overnight Report: Nerves By Greg Peel - Nov 02, 2022

Even KeelYou’d be forgiven for thinking the RBA decision dropped at 11.00am yesterday and not 2.30pm, for after a nothing first hour the ASX200 started to move up swiftly and steadily from that...

David Llewellyn-Smith
Australian dollar rally stalls By David Llewellyn-Smith - Aug 02, 2022

DXY is still falling as EUR bounces:   The AUD materially underperformed the DXY sag:Oil dumped:Dirt too:And miners (LON:GLEN):Plus all EM (NYSE:EEM): Yields fell:But stocks did too:Westpac has...

Invest Housing Finance (MoM) Discussion

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