Australian Property

New home sales bounce back on apartments

Leith van Onselen
Friday 3 October 2014
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By Leith van Onselen

From the Housing Industry Association (HIA) today comes news that new home sales bounced back in August, rising by 3.3%:

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The result for August was driven primarily by a strong lift in the volatile ‘multi-units’ sector where sales increased by 19.8%:

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.