For the year, the CoreLogic house price index up 10.9%. For its fastest growth since the calendar year 2009
- Notes CoreLogic: Factoring in gross rental yields and capital gains, housing as an asset class, earned a total annual return of 14.7% based on the combined capital cities index results.
- For the month, up by 1.4%
This time last year we had a local TV show (60 Minutes) predicting a 50% house price crash.
I called them morons: Aussie TV show predicts 50% house price decline (Insert LOLs here)
- if you really want to base your outlook on schlock from 60 Minutes, by all means be my guest. Trade some FX while you're at it. Donations are always welcome.