The confusion over the strength of the Sydney housing market continues, with Residex releasing its house and unit price results for September, which registered a rebound in values over the month but a further deceleration of annual price growth.
According to Residex, house values nationally rose by 1.63% in September to be up just 1.63% over the quarter and by 3.31% over the year. By comparison, Australian unit values rose by 1.17% in September to be up 1.27% over the quarter and by 3.96% over the year (see below table).