Soft April home values and expectations of lower interest rates point to a further improvement in housing affordability
1 May 2012
RP Data – Rismark Home Value Index ReleaseCapital city dwelling values were down -0.8% in the month of April following the stability witnessed over the first quarter of 2012, leaving national home values down -0.7% year to date.
11 April 2012
Warm Winters and Slow Springs - Now Really Is a Good Time to BuyBy June the economic expansion will be three years old, yet the trend in real GDP is at its slowest post-recession trajectory in any post-war expansion. Real GDP was revised to 3.0 percent in Q4 2011, up from 1.8 percent in Q3 2011. The labor market continues to slowly improve with unemployment claims reaching another new post-recession low in March 2012.
2 April 2012
RP Data – Rismark Home Value Index ReleaseAustralia’s housing market is showing signs of stabilising after home values rose 0.2 per cent in March. Not only has the market remained unchanged for the quarter ending 31 March 2012, it is also level with the 31 November 2011 home values across the combined capital cities. The flat result over the quarter is the strongest result since March 2011 when values increased by 0.7 per cent.
29 February 2012
RP Data – Rismark Home Value Index ReleaseIn a world-first, RP Data and Rismark today commenced publishing ‘daily’ home value index results reflecting the current state of the housing market. Capital city home values were up 0.8% in February 2012 leaving the market relatively flat (-0.2%) over the first two months of the year.
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