Residex: House prices cooling (members)

Advertisement
ScreenHunter_07 Mar. 20 20.55

By Leith van Onselen

Residex has released its home price results for June, which revealed an acceleration of growth at the national level, with national house values rising by 0.92% over the month and unit values rising by 1.66% (see below tables).

ScreenHunter_3502 Jul. 29 07.38
ScreenHunter_3503 Jul. 29 07.38
Advertisement

In the 2013-14 financial year, dwelling values rose by 7.09% (houses) and 7.70% (units) at the national level, led by Sydney (15.37% houses; 13.30% units) and Melbourne (8.32% houses; 6.04% units).

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.