+1.1% m/m for the Capital City Aggregate

  • All capital cities up on the month except for Adelaide and Hobart

Annual growth +7% (from +6.1% prior)

  • The peak y/y growth was at >11% last year

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Remember the extremists back in January saying prices were going to drop 50%? How big a dickhead do they feel?

One of the benefits of tuning in to ForexLive is the sensible commentary. Leave the extremists to focus on selling their shitty newsletters and such and get info you can rely on here.

One of my favourite graphs of all the terrible predictions (and most of 'em haven't changed their view ... learning free zone! LOL):