A new high for Ausstralian home values.
On CoreLogic-RP Data's Index prices in Melbourne and Sydney have accelerated over the past quarter to an astonishing pace, though this index probably lags.
Prices are reported as up for the year, quarter...and even the day...for all capital cities in the index.
Pete Wargent blogspot
'Must-read, must-follow, one of the finest analysts in Australia' - Stephen Koukoulas, ex-Senior Economics Adviser to Prime Minister Gillard.
'One of Australia's brightest financial minds, a must-follow for accurate & in-depth analysis' - David Scutt, Business Insider.
'I've been investing 40 years yet still learn new concepts from Pete; one of Australia's finest young commentators' - Michael Yardney, Amazon #1 bestseller.
'The most knowledgeable person on Aussie real estate - loads of good data & charts, the most comprehensive analyst I follow in Australia' - Jonathan Tepper, Variant Perception, 2 x NYT bestseller.
'Superlative work' - Grant Williams, founder RealVision.