House prices edge up in April

Original article by Su-Lin Tan
The Australian Financial Review – Page: 3 : 3-May-16

The CoreLogic RP Data Home Value index was 1.7 per cent higher in April 2016 than in March. House prices rose by 2.4 per cent in Sydney during April, while prices in Brisbane and Adelaide increased by 2.2 per cent and 2.0 per cent respectively. House prices in Melbourne rose by a more modest 1.1 per cent, but house prices declined in both Hobart and Darwin. Meanwhile, the gross rental yield for residential properties in the capital cities fell to a new low of 3.4 per cent in April.

CORPORATES
CORELOGIC AUSTRALIA PTY LTD, RP DATA LIMITED, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, RESERVE BANK OF AUSTRALIA

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