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Australian Housing Market Softens, As New-Home Sales Unexpectedly Decline In September

Discussion in 'Fundamental Analysis' started by Angela_Riplay, Oct 29, 2015.

  1. Angela_Riplay

    Angela_Riplay Forum Member

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    Sales of newly built homes in Australia drooped in September, reversing a solid growth in the preceding month, reinforcing the view the housing market may be losing momentum. Sales plunged 4.0% on month in September, the Housing Industry Association reported, following the 2.3% increase a month earlier. Demand for housing[​IMG]

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