Australia - Indice delle abitazioni

House price index in Australia dropped by 0.7 percent quarter-on-quarter in the second quarter of 2019, less than market expectations of a 1.0 percent fall and following a 3.0 percent decline in the previous quarter. It was the smallest drop since Q2 of 2018, as prices of properties fell softer in most of the capital cities: Sydney (-0.5% vs -3.9%), Melbourne (-0.8% vs -3.8%), Brisbane (-0.7% vs -1.5%).In addition, prices rebounded in Canberra (0.2% vs -0.9%);Hobart (0.5% vs -0.4%). Meanwhile, prices continued to drop in Perth (-1.4% vs -1.1%),Adelaide (-0.6% vs -0.2%).Through the year to June, home prices tumbled 7.4%, unchanged from the prior quarter. "Sydney and Melbourne housing markets have seen residential property price falls moderate this quarter. A number of housing market indicators, such as auction volumes and clearance rates, have begun to show signs of improvement, though they remain below the levels seen one year earlier," said ABS Chief Economist, Bruce Hockman.

House price index in Australia dropped by 3 percent quarter-on-quarter in the three months to March of 2019, worse than market expectations of a 2.5 percent fall and following a 2.4 percent decrease in the previous quarter. It was the biggest decline on record, as prices of properties fell in all capital cities: Sydney (-3.9 percent), Melbourne (-3.8 percent), Brisbane (-1.5 percent), Darwin (-1.8 percent), Perth (-1.1 percent), Canberra (-0.9 percent), Hobart (-0.4 percent), and Adelaide (-0.2 percent). Through the year to March, home prices prices slumped 7.4 percent, after falling 5.1 percent in the prior quarter. "These results are in line with soft housing market indicators, with sales transactions and auction clearance rates lower than one year ago, and days on market trending higher," said ABS Chief Economist, Bruce Hockman.

House price index in Australia dropped by 2.4 percent quarter-on-quarter in the three months to December of 2018, further down from a 1.5 percent fall in the previous quarter and compared to market expectations of a 2 percent drop. It was the fourth straight quarter of decline, as prices dropped in six cities: Sydney (-3.7 percent); Melbourne (-2.4 percent); Perth (-1.0 percent); Darwin (-0.6 percent); Canberra (-0.2 percent), and Brisbane (-1.1 percent). In contrast, prices rose in Adelaide (0.1 percent) and Hobart (0.7 percent). On a yearly basis, prices dropped 5.1 percent, after falling 1.9 percent in the prior period and above market consensus of a 0.4 percent decline.