Australia Q1 Houses Prices –2.2% QoQ

  • Average asking price for a house down 2.2% in 1st quarter 2009 compared to Q4 2008 data.

Quarterly

Sydney -2.9%
Melbourne -2.3%
Perth -3.6%
Brisbane -1.1%
Adelaide -0.8%
Darwin +2.2%
Canberra +0.5%
Hobart +0.1%

 

Annually

Sydney -7.3%
Melbourne -6.7%
Perth -10.1%
Brisbane -6.3%
Adelaide -1.9%
Darwin +10.8%
Canberra -5.1%
Hobart +0.6%

 

Perth, seems to be doing the worst out of all.  But understandable considering the big surge for the past 5 years.

 

RTT NEWS

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