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Housing flat in February with only 0.8 per cent growth over last year

31 March 2011

RP Data – Rismark Home Value Index Release

February's index result (0.0 per cent s.a.) suggests that Aussie home values continue to tread water despite robust household income growth. There was little revision to RP Data-Rismark's January estimates.

Read more: Housing flat in February with only 0.8 per cent growth over last year

   

January a quiet month for Australian housing markets

28 February 2011

RP Data – Rismark Home Value Index Release

Disruptions caused by natural disasters and low sales volumes have resulted in soft market conditions across the Australian capital cities. Capital city values were down -1.6 per cent (s.a.) while the rest-of-state markets saw a -1.2% (s.a.) tapering in values.

Read more: January a quiet month for Australian housing markets

   

Aussie dwelling values tread water in December

31 January 2011

RP Data – Rismark Home Value Index Release

Aussie dwelling values rose by a seasonally-adjusted 0.4% in the December quarter, and 4.7% over the year. The capital city market peaked in May 2010 and remains below this threshold today. Over 2010, Melbourne (+8.4%) and Sydney (+6.6%) were the best performers. Perth (-2.3%) and Brisbane (-1.0%) were the worst.

Read more: Aussie dwelling values tread water in December

   

Australian home values slump in November as higher interest rates hurt housing affordability

31 December 2010

RP Data – Rismark Home Value Index Release

Capital city (-0.2 per cent) and ‘rest of state’ (-0.1 per cent) home values both fell in seasonally-adjusted terms in November. In raw terms, the declines were larger (-0.6 per cent and -0.8 per cent, respectively). RP Data & Rismark expect further weakness in 2011 as rates rise.

Read more: Australian home values slump in November as higher interest rates hurt housing affordability

   

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