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RPData release July 2013 Australian housing market update

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RPData’s Tim Lawless has released the July 2013 housing market update.

The results saw a bounce in dwelling values with the RP Data Rismark Index posting a solid 1.9% gain over the month of June following a 1.7% drop over the combined months of April and May.

The latest June data takes the quarterly growth rate to just 0.2% after the March quarter posted a seasonally strong 2.8% increase.

Dwelling values are now 3.8% higher over the 2012/13 financial year.

As a comparison, capital city home values fell by -3.6% over the 2011/12 financial year.

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Article originally posted at: https://https://theurbandeveloper.com/articles/rpdata-release-july-2013-australian-housing-market-update