Australian House Price Index for Q2
+4.7% q/q,
- expected +2.3% and prior was 1.6%
+9.8% y/y,
- expected 8.0%, prior was 6.9%
- Fastest quarterly rate of ascent for prices since 2009
- Fastest y/y rate of ascent since Q2 of 2014
Aussie house prices on the up. Who'da thunk it?