The Australian Bureau of Statistics (ABS) this week released their quarterly Residential Property Prices Index for Eight Capital Cities for the March 2015 quarter.
Sydney Property Prices showing the collective price movements till March 2015. (click to enlarge)
No opinions needed
Upon putting charts together for the capital cities about a year ago (courtesy of ABS data), it has been joyous to no longer need to listen to any noise, opinions or commentary on house prices, bubbles, interest rates, supply/demand, chinese investors, SMSF buyers etc.
Despite being a basic excel chart updated on a quarterly basis, the index price change and the data captures it all.
The price index and the moving averages will roll when they roll.
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