Domain: House prices rise 1.5% in Q2

Thursday, 21 July 2016

Domain (formerly APM) has released its house price results for the June quarter, which has revealed that house prices nationally rose by 1.5% over the quarter, with unit values rising by 0.7%.

Over the year, house prices rose by 2.7% nationally, whereas unit values rose by just 0.1% (see below graphic from The AFR):

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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.