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Australia Invest Housing Finance MoM

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Australia Invest Housing Finance MoM

Frequency

Delivery Method

Website popup

Mobile App notifications

Status

 
Latest Release
Feb 12, 2019
Actual
-4.4%
Previous
-2.4%
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
Feb 12, 2019 (Dec) 06:00 -4.4%   -2.4%
Jan 17, 2019 (Nov) 06:00 -4.5%   0.6%
Dec 10, 2018 (Oct) 06:00 0.6%   -2.8%
Nov 09, 2018 (Sep) 06:00 -2.8%   -1.1%
Oct 12, 2018 (Aug) 06:00 -1.1%   -1.3%
Sep 07, 2018 (Jul) 07:00 -1.3%   -2.7%

Analysis

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Invest Housing Finance (MoM) Discussion

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