Original article by Michael Bleby
The Australian Financial Review – Page: 9 : 31-May-16

Data from CoreLogic shows that the capital city-average house price index rose by 1.6 per cent in May 2016, compared with 1.7 per cent in April. The data also shows that house prices in Sydney increased by 3.4 per cent in May, although SQM Research’s Louis Christopher believes that prices are growing at a slower pace. Meanwhile, Housing Industry Association data indicates that there was an 8.1 per cent decline in sales of new homes in New South Wales during April.

CORPORATES
CORELOGIC AUSTRALIA PTY LTD, SQM RESEARCH PTY LTD, HOUSING INDUSTRY ASSOCIATION LIMITED