December 13, 2016 / 12:40 AM / 7 months ago

TABLE-Australia home prices rose 1.5 pct in Q3

2 Min Read

SYDNEY, Dec 13 (Reuters) - Prices for Australian residential
properties in the major cities in the third quarter, released by
the Australian Bureau of Statistics on Tuesday. 
   A Reuters poll showed economists had expected home prices to
rise a median 2.3 percent in the quarter on a weighted-average
basis across Australia's eight major cities. 
    Estimates ranged between a rise of 0.5 percent to a rise of
5.6 percent.
   
 HOME PRICES                   Q/Q           Y/Y
 Weighted average              +1.5          +3.5
 Sydney                        +2.6          +3.2
 Melbourne                     +1.7          +6.9
 Brisbane                      +0.2          +3.1
 Adelaide                      +0.9          +3.2
 Perth                         -1.6          -4.0
 Hobart                        +2.3          +6.8
 Darwin                        -1.2          -7.2
 Canberra                      +0.8          +5.5
 
    For details, see the Australian Bureau of Statistics Web
site at www.abs.gov.au.

 (Reporting by Tom Westbrook)

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