Published on August 10,2010 04:17 pm Download or Email - 0 comments

NATIONAL MEDIA RELEASE
RP Data/Rismark Home Value Index - JUNE 2010 RESULTS
Released: Friday 30 July 2010
Aussie Dwelling Values Fall After 17 Consecutive Monthly Gains
• Capital city dwelling values down 0.7% in month of June with no growth over June quarter
• Largest fall since April ’08
• Rest of State dwellings also realise no growth in June quarter
After 17 consecutive months of solid growth, dwelling values across Australia’s capital cities recorded their first monthly decline of 0.7% (seasonally-adjusted) in June according to the market-leading RP Data-Rismark Hedonic Home Value Index. This was the largest monthly fall in home values since April 2008. The June outcome follows on from a clear trend in the decline in monthly seasonally-adjusted growth rates in Australia’s capital cities over February (+1.0%), March (+0.9%), April (+0.6%) and May (+0.3%).
Key RP Data–Rismark Index Statistics - see results in attached media release
Mitch Koper
National Media & Communications Manager
T: 07 3114 9999
E: mitch.koper@rpdata.com
W: www.rpdata.com
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