Bloomberg Anywhere Remote Login Bloomberg Terminal Demo Request


Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.


Financial Products

Enterprise Products


Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000


Industry Products

Media Services

Follow Us

Australian New-Home Sales Fell 4.9% in December From Prior Month

Feb. 1 (Bloomberg) -- Australian sales of newly built homes dropped 4.9 percent in December from a month earlier, the Canberra-based Housing Industry Association said.

Detached house sales fell 7.7 percent, while apartments surged by 29.4 percent, HIA said in a report today.

“The intensification of bad news regarding Europe, question marks over labor market prospects in Australia, and avoidable delay and uncertainty as to whether banks were going to pass on the Reserve Bank’s second rate cut conspired to drive a fall in new housing contracts as the holiday season approached,” Harley Dale, HIA chief economist, said in a statement.

To contact the reporter on this story: Michael Heath in Sydney at

To contact the editor responsible for this story: Brendan Murray at

Please upgrade your Browser

Your browser is out-of-date. Please download one of these excellent browsers:

Chrome, Firefox, Safari, Opera or Internet Explorer.