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Press Releases
Luxury suburbs drag down Aussie housing market

31 May 2011

RP Data – Rismark Home Value Index Release

The near-double interest rate hike in November last year has bitten, with seasonally-adjusted Australian capital city dwelling values down 1.2% in the three months to end April, although in raw terms home values are mostly unchanged (-0.2%). Expensive suburbs have been the poorest performers in line with the share market.

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Aussie housing capital values soft while rents up

30 April 2011

RP Data – Rismark Home Value Index Release

While Australia’s capital city home values were flat in March (-0.2% seasonally adjusted and 0.0% raw), they softened by -2.1% (seasonally adjusted) over the March quarter (-0.4% in raw terms). In contrast to these results, weekly rental rates are up 4.6 per cent over the last six months.

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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.

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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.

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