house prices continue to melt

Full article here with comments

I particularly like Brisbane with the Sept revised figure of -0.5% (from the originally reported +0.4%) and then -1.6% in October...

R.P.Data results for October are out and it’s an ongoing Spring thaw, 0.5% down for the month seasonally adjusted, with an adjusted figure for September doubling the fall to 0.4%. Here’s the chart:

And raw:

And the R.P. Data House Price Index over time:

As well as, real house prices:

And finally, state by state numbers with Sydney and Canberra stable and all else sliding: