It's the end of financial year, and here's how RP Data's much loved Daily Home Value Index finished up very strongly for the month of June, after 'falling' in May.
The best performing major capital city market over FY14 was, unsurprisingly, Sydney (+15.5pc), actually tracking just a shade ahead of our forecasts for the calendar YTD..
The weakest performing capital city market of those covered by the index was Adelaide (+2.9pc), where prices were recorded as being down over Q2, despite interest rates near record lows.
And the rest of the cities, erm, well, somewhere in between (click chart):
RP's index is a useful enough indicator over time, but not a reporting tool to take too literally on a day-to-day basis, or even month-to-month basis.
Over the past quarter, the index has shown moderate gains for Sydney (+1.14pc), Brisbane (+0.83pc) and Perth (+0.62pc), and declines in Melbourne and Adelaide.
The most likely outcome for H2 appears to be continued moderate price increases in all of the major capital cities, with ongoing headwinds in Canberra, and perhaps Hobart.