Australian House Prices Post 11% Gain in 2009
The RP Data-Rismark national capital city hedonic home price index for December shows a modest fall of 0.3% for the month, but up 2.1% for the quarter and 11.1% for the calendar year. This follows modest declines of 2-3% in 2008, which was the worst performance in history on this measure.
posted on 29 January 2010 by skirchner in Economics, House Prices
(0) Comments | Permalink | Main
Next entry: RBA Tightening Expected on Tuesday
Previous entry: Sentences You Won’t Read from the Reserve Bank of Australia