The new look Residex, recently acquired by CoreLogic, has released its house and unit price results for the December quarter, which revealed an acceleration in house values towards the end of 2016:
As shown above, Sydney (+3.1%) and Melbourne (+2.5%) house values jumped over the December quarter, with Hobart (+3.3%) also recording strong growth. Elsewhere, price growth was much weaker over the December quarter, with Perth values falling (-1.8%).