Tweet of the day: No boomtime result for Melbourne's September quarter
Jessie RichardsonNovember 11, 2014
Yesterday, the Australian Bureau of Statistics (ABS) reported 1% price growth for Melbourne houses in the September quarter.
The city, like every other Australian capital, saw price growth well below Sydney's 2.7% quarterly result.
Andrew Wilson, senior economist at the Domain Group, noted the ABS' September quarter figure was relatively close to his organisation's estimates.
Fellow data house RP Data recorded a steeper price increase for the same period, reporting a 1.8% price increase for Melbourne houses earlier this month.
Tags:
Property News