ABS Q3 house prices rise

Tuesday 6 November 2012

The ABS quarterly house price data is out for the September quarter and prices were up 0.3%. The June quarter was revised up from 0.5% to 0.6%. Year on year prices were also up 0.3% . The prior quarter was also revised up from -2.1% revised up -1.9.

Here is the year on year chart:

And the city by city numbers with Perth winning the quarter but Darwin the year:

About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.