Capital city dwelling values rose a further 1.6 per cent in July according to RPData taking the cumulative recovery in residential home values to 6.5 per cent since the market bottomed out in May last year.
The July results also take the rolling quarterly change in capital city dwelling values to +2.3 per cent over the three months ending July and values are 4.9 per cent higher over the past twelve month.
Here’s a rundown of what’s happening in our property markets around Australia….
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