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.
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.
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