Key take outs from the latest Australian House Market Report prepared by RP Data and National Australia Bank include:
- Nationally (capital city) house values increased by 7.9% for the 12 months to April 2015
- Sydney recorded strongest growth for the 12 month period to April 2015 with property prices rising by 14.5%, followed by Melbourne at 6.9%.
The report also provides an interesting view of capital city house price expectations for the next 9 – 12 months from two different sources (a survey of property market professionals Vs. NAB economist’s predictions).
For those interested, please follow the link to take you to the latest Australian House Market Report prepared by RP Data and National Australia Bank.
Lending & Finance – Paris Financial