Wednesday, February 1, 2012

Australia Q4 2011 House Price Charts

The Australian Bureau of Statistics has been hard at work. Here are the December 2011 charts of Price Changes and Index Price.
Australia, Sydney, Melbourne, Brisbane, Adelaide, Perth, House Price Index Chart


Australia, Sydney, Melbourne, Brisbane, Adelaide, Perth, House Price Change Graph

The change chart, partly due to old data adjustments at the ABS (there were quite a few) shows a return to a nosedive in the change in prices for Melbourne and Adelaide. Perth appears to be trying to stabilize at a moderate decline of -5% year over year. Based on these latest numbers, Sydney is no longer a bulwark against the coming reckoning.

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