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Australian Property Monitors (APM) has released its June quarter house and unit price results (below), which recorded a 1.9% increase in house prices over the quarter at the national capital city level, and a 2.5% rise in national capital city unit prices.
In the year to June 2014, APM recorded an 10.9% increase in national capital city house prices and an 8.3% rise in unit values – a slight deceleration from the 11.3% (houses) and 8.3% (units) annual growth recorded in the March quarter release.
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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.
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