Data recently released by CoreLogic shows that home values for capital cities in Australia increased by 2.8% in July. In the twelve months leading up to July the value of the real estate market in the country grew by half a trillion dollars. Price gains in Melbourne have surged ahead of Sydney during the past
Australian Capital City Prices Fall Slightly in May
June 4, 2015 by
Real estate prices in the capital cities of Australia increased by 3.8% during the first four months of this year but according to the latest data released by CoreLogic, they felt slightly by 0.9% in May. This was the first month on month drop in prices since last November and comes at a time when
Price Growth in Australian Cities Unlikely to Continue
April 9, 2014 by
The latest data shows that prices in Australian capital cities rose by 2.3% last month, and values were up in every state month on month. Data for the March quarter also showed gains of 3.5% during the first quarter of this year. Every capital city in the country saw values rise over the past three
Australian Real Estate Prices Fall for Six Consecutive Months
August 10, 2011 by
According to an article in Property Wire, property prices in Australia’s state capitals have now fallen for six straight months, and there are worries that interest rate rises and volatile financial markets could make the situation worse. The latest figures from the Data-Rismark Hedonic Home Value Index show that property values decreased by 0.2% in
