Monitor AU HPI q/q to gauge housing market trends; a primary valuation driver, ceased in Mar 2022.
This serves as a key indicator of the health of the housing sector, as increasing home prices draw in investors and stimulate industry activity. Note that this data was discontinued in March 2022.
What it Measures
The change in home selling prices across the eight state capitals of the nation.
Usual Effect
When the 'Actual' results exceed the 'Forecast', it is favorable for the currency.
Source & Frequency
Australian Bureau of Statistics (latest release) - https://www.abs.gov.au/ • This data is published quarterly, approximately 75 days following the end of the quarter.
How Data is Derived
N/A
Also Known As
N/A
Acronym
House Price Index (HPI)