The Housing Market Index (HMI) is based on a monthly survey of the National Association of Home Builders (NAHB) on current single-family home sales and sales expectations for the next six months. The data is used to calculate a seasonally adjusted index where readings over 50 indicate that more builders view conditions as good than poor. Based on this calculation, the HMI can range between 0 and 100.
RBA Monetary Policy Meeting Minutes
Minutes of the monetary policy meetings of the Reserve Bank Board are published two weeks after each meeting. (The Reserve Bank Board normally meets eleven times each year, on the first Tuesday of each month, except January.)
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