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 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.