Australian Housing Market Overview April2011

Australian Housing Market Overview April 2011

While Australia's capital city home values were flat in March (-0.2% seasonally adjusted and 0.0% raw), they softened by -2.1% (seasonally adjusted) over the March quarter (-0.4% in raw terms). In contrast to these results, weekly rental rates are up 4.6 per cent over the last six months.

The latest RP Data-Rismark Home Value Index results show capital city dwelling values were flat in the month of March (-0.2 per cent s.a. and 0.0 per cent raw). However, over the March quarter capital city home values softened noticeably (-2.1 per cent s.a. and -0.4 per cent raw).

To read the full article, visit -
http://rpdata.com/press_releases/aussie_housing_capital_values_soft_while_ren...

or to visit the RP Data-Riskmark Home Value Indices:
http://rpdata.com/press_releases/

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