ABS confirms house prices are moving forward

The latest Australian Bureau of Statistics eight city house price index has just been released and confirms what other research houses RPData, APM and Residex told us last week – our property markets are on the move. The ABS Index of Established House Prices shows that prices rose by 1.6 per cent in the December…

ABS numbers are the final nail in property doomsayers’ coffin

In an article last week in the Australian Financial Review economist Chris Joye took the opportunity to gloat a little. He’s been calling the turning point of our property markets for a little while and now there seems to be consensus between the 2 big research organizations (RPData and Australian Property Monitors) and the Australian Bureau…

Latest house prices figures from Australian Property Monitors

Australian Property Monitors (APM) released their latest figures today showing house prices up 0.4% to a median of $536,075 and unit prices down 0.8% to a median of $411,810. Over the 12 month period to June, house prices are down only 1.6% while unit prices are unchanged.

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