CoreLogic RP Data house Prices for September
- Up 0.9% m/m (prior +0.3%)
- Up 11.0% y/y (up 10.2% y/y prior .... i.e. in August)
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I have been posting on house prices and what they mean for the Reserve Bank of Australia. Most recently yesterday, here: 'HSBC turns off loan tap for investment property'
Even the IMF have chucked in their view, dragging themselves away from the tanning booth to opine: IMF warns of 'hard landing' in Australian housing