New home sales in Australia were up 4.3 percent in March compared to the previous month, the Housing Industry Association said on Wednesday, after rising 0.6 percent on month in February.
Detached homes sales surged 5.8 percent in March, the data showed, while multi-unit sales plummeted 10 percent after shedding 7.6 percent fall in February.
The volume of new home sales climbed more than 9000 properties in February to about 10,500 in March.
By region, new house sales surged 13.5 percent in New South Wales, 11.1 percent in Queensland and 3.6 percent in Victoria. In Western Australia, prices advanced 3.1 percent, while in South Australia they declined 6.4 percent.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.