05.10.2012 - House prices climb in Australia's capital cities
Australia's capital cities have seen their house prices rise during September, according to the RP Data Rismark Home Value Index. The survey revealed the average cost of purchasing a capital city dwelling was up for the fourth successive month, with the latest overall increase being 1.4 per cent. Adelaide performed best with a 2.4 per cent hike, while Perth's prices climbed 1.6 per cent, Sydney's 1.5 per cent, Melbourne's 1.4 per cent and Brisbane's 1.1 per cent. On a quarterly basis, capital values rose two per cent on average, although they declined in Perth and Hobart...............................................Full Article: Source
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