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?