Tim Lawless' captial city dwelling value breakdown

Capital city dwelling values rose a further 1.6% in July taking the cumulative recovery in residential home values to 6.5% since the market bottomed out in May last year.

RP Data and Rismark International released its July housing market results which shows that capital city dwelling values increased by 1.6% over the month of July after posting a solid 1.9% capital gain in June. These latest monthly results now takes the cumulative recovery to 6.5% since dwelling values found their trough at the end of May last year.

Sydney: 2:36, Melbourne: 3:25, Brisbane: 4:10, Adelaide: 4:51, Perth: 5:47, Hobart: 6:36, Darwin: 7:22, Canberra: 7:53

 

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Tim Lawless

Tim Lawless

Tim Lawless is national research director of CoreLogic RP Data.

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