By Leith van Onselen
Please find attached RP Data-Rismark’s press release for the 31 March home value indices results. The key tables and figures from the release are provided below.
First, the table summarising the key movements and levels for each capital city and nationally:
Note that Canberra now has the most expensive dwellings in the nation, according to RPData-Rsimark.
Next is a chart showing the annual changes in dwelling values:
As you can see, all markets have suffered annual declines in dwelling values, with Canberra (-0.3% YoY) holding-up the best and Hobart (-7.3% YoY) the worst.
Finally, below is a chart showing the price movements nationally on a rolling quarterly and annual basis:
An AFR video interview with RP Data’s Cameron Kusher discussing the results is provided below. Note that Mr Kusher expects “at best” that Australian home prices will track inflation in 2012:
