The RPData CoreLogic Home Value Index for October shows an average increase in prices of 1% across the capital cities. However, there are major variations. Although combined capital city home values were up by 1.0 per cent over the month, only Sydney (1.3%), Melbourne (1.9%) and Brisbane (0.6%) actually recorded value rises over the month.
Dwelling values rose by 2.2 per cent over the three months to October 2014 however, only half of the capital cities actually recorded an increase in values. The greatest value falls over the last three months were recorded in Hobart (-2.8%) and Canberra (-2.4%).
