Forex Flash: Australia housing market revival suggest rates are supporting the sector – NAB

FXstreet.com (Barcelona) - As latests data shows, house prices rose all across Australia: “There’s enough in signs of the housing market’s revival to suggest to the RBA that rates are beginning to support the sector,” analysts at the NAB say, adding: “These gains are another sign that mortgage lending rates are supporting the housing re-sale market and housing buyer confidence,” the bank notes.

From NAB: “We’ll get a better idea of new home sales with the release tomorrow of the HIA new home sales report for February.”