Among all eight capital cities, Adelaide was the strongest capital during August. Sydney is the one of the most consistent performing capital this year. Are the eight capital cities sustained the value growth uphold? According to RP Data Research Director Tim Lawless, “On the other hand, we know that there is likely to be an increase in new supply over spring, which may introduce some headwinds for a recovering market.” I think that interest rate cuts really help in dwelling value growth because during June and July values recovered slightly. These previous months, the eight capital cities showed an improvement in capital growth and median price slightly increasing.

http://www.propertyobserver.com.au/residential/august-puts-a-stop-to-national-dwelling-value-growth-rp-data-rismark/2012090256365


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