Residex: No surge in Sydney home values

Friday, 27 May 2016

Residex has released its house and unit price results for April, which unlike RP Data’s shows no surge in Sydney home values.

According to Residex, house values nationally rose by 0.26% over the month to be up by 5.39% over the year. However, Australian unit values fell 0.19% in April to be up 4.63% over the year (see below table).

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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.