Relevant:
- Home Sales in U.S. Likely Rose to Second-Lowest on Record
- U.S. Dec. new home sales down 14.7% to lowest level ever
- Australian Home-Loan Approvals Increase 1% in August
- February new-home sales dive 16.9% to record low
- New Home Sales Post Modest Improvement From Record Low, Houses For Sale At Lowest Since August 1967
2012-10-03 — bloomberg.com
Australian sales of newly built homes slumped to the lowest level on record in August, a private report showed, underscoring the central bank's decision to resume lowering interest rates.
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