ResearchTue 16 Apr 13
VIDEO: Capital city dwellings rise by 2.8% over Q1 2013: RPData
RPData's research guru Tim Lawless has released the
Australian Housing Market Update for April 2013.
Key points:
- Capital city dwellings rise by 2.8% over the first three months of 2013
- This represents the strongest rise in property prices since May 2010
- Most housing indicators remain positive
- RPData believes that a recovery will continue through 2013
- Capital cities recorded a rise of 1.3% over the month of March
- Every capital city market has recorded positive gains since the market bottom in Q2 2012
- The cumulative capital gain has been 4.7% since May last year