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Property Investment Market Update – RPData November 2012

In this video RPData’s Tim Lawless gives the latest update on the  housing market.

After rising for a few months, capital city dwelling values ease 1% in October after four months of rising values.

Dwelling values across all of Australia’s capital city housing markets, except Perth and Darwin, fell over October, interrupting a four month run of recovery.

The RP Data-Rismark Home Value Index results for October recorded the first month-on-month decline since May 2012, with the eight capital city aggregate index falling by -1.0 per cent over the month. The fall was broad-based, with falls being experienced across each of the capital cities apart from Perth and Darwin.

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About

Michael is a director of Metropole Property Strategists who help their clients grow, protect and pass on their wealth through independent, unbiased property advice and advocacy. He's once again been voted Australia's leading property investment adviser and his opinions are regularly featured in the media. Visit Metropole.com.au


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