Melbourne, Sydney lead winter house price surge

  1. 3,404 Posts.
    http://www.theage.com.au/business/m...winter-house-price-surge-20140901-10atwd.html

    "Capital city housing markets had their best winter since just before the run-up to the global financial crisis, according to figures released on Monday by RP Data.

    According to the company's Home Value Index, prices for capital city dwellings rose 4.2 per cent over the three months to the end of August, the strongest winter growth since the same time in 2007."


    I agree with the other comments on this artocle-with clearance rates so high, interest rates so low and sentiment improving the prices are only going to continue up.
 
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