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Australia: Ups and downs in two-speed homes market

Posted on 02 January 2013

Home values in Darwin and Sydney recorded the largest rises in prices over the year to December 31, up 8.95 per cent and 1.47 per cent respectively, while Melbourne recorded the steepest fall during the period, with values dropping 2.86 per cent.
The mixed performance saw home values across Australia’s five major capital cities dip 0.22 per cent over the month to December 31, pulling values down 0.44 per cent lower over the year, according to the RP Data Rismark monthly index of house and apartment prices………………………………………..Full Article: Source


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