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Australia House Price Index

Discussion in 'Market News' started by Sam, Oct 7, 2015.

  1. Sam

    Sam Forum Member

    Sep 1, 2015
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    Residential property prices in Australia increased 4.7 percent in the three months to June of 2015 over the previous period, following a 1.6 percent rise in the first quarter. Prices increased the most in Sydney (+8.9 percent), followed by Melbourne (+4.2 percent), Brisbane (+0.9 percent) and Canberra (+0.8 percent). In contrast, prices declined in Perth (-0.9 percent) and Darwin (-0.8 percent). Housing Index in Australia averaged 1.68 percent from 2002 until 2015, reaching an all time high of 6.10 percent in the second quarter of 2002 and a record low of -2.60 percent in the third quarter of 2008. Housing Index in Australia is reported by the Australian Bureau Of Statistics. In Australia, House Price Index measures weighted average of price movements for residential properties for eight capital cities: Sydney, Melbourne, Brisbane, Adelaide, Canberra, Hobart, Darwin and Perth. Residential properties are defined as detached residential dwellings on their own block of land regardless of age. This page provides the latest reported value for - Australia House Price Index - plus previous releases, historical high and low, short-term forecast and long-term prediction, economic calendar, survey consensus and news.

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