RP Data home price index for December

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By Leith van Onselen

Please find below the RP Data December home price index press release which, for some reason, is still not available on their website.

Here are the key figures taken from the release. First, the change in dwelling values:

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Note the -0.2% fall in raw (non-seasonally adjusted) capital city dwelling values and the -0.1% fall in raw regional values.

Second, here’s a chart showing the seasonally adjusted year on year change and decline from peak dwelling values by region:

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Finally, below is a chart showing the combined monthly versus quarterly change in seasonally adjusted dwelling values:

RP Data Rismark Home Value Index Dec 30 2011

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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.