Home buying intentions hit record high!

Says two year old index. Via CBA’s consumer intentions survey:

Home Buying Spending Intentions

  • Home buying intentions moved higher again in December and now sit at a record high
  • HSI readings indicate that the pick up in dwelling prices in H2 2019 may continue into H1 2020
  • The turn in the HSI is also a sign that the economic drag from falling residential construction may be nearing an end

Retail Spending Intentions

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