Data was due at 0000 GMT - got it a little early

  • Headline is flat at 0.0%, prior +0.3% m/m

Sydney:

  • -0.5% m/m
  • +7% y/y

Melbourne:

  • +0.5% m/m
  • +11% y/y

Darwin down

Brisbane, Adelaide, Perth & Canberra more or less flat

Hobart up 0.9% m/m & 12.7% y/y

CoreLogic head of research Tim Lawless:

  • "The slowdown in the pace of capital gains can be attributed primarily to tighter credit policies which have fundamentally changed the landscape for borrowers."