Capital city home values flat over August

Published:
10 Sep 2012
Author:
Property Australia Ezine
Source:
Property Australia Ezine

Capital city home value growth was ‘flat’ over August, according to the RP Data-Rismark Home Value Index, following consecutive increases over June and July.

Over the last three months, capital city home values increased nationally by 1.6 percent but ‘flat lined’ over August, according to the index.

All capital cities registered capital gains over the last three months, with the exception of Adelaide.

Over the quarter, Darwin was the best performing capital city, with an increase in home values of 5.2 percent.

Adelaide saw a decline of 2.2 percent over the quarter.

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