Christopher Joye, in the above article: "The ABS reports that national house prices rose 0.5 per cent in the June quarter, in contrast to claims from the likes of Louis Christopher and Steve Keen that prices were still deflating."
Christopher Joye, Business Spectator 16 Jul 2012 "The ABS house price index data are much less useful since they completely exclude all forms of “attached” housing —ie, apartments, townhouses, and terraces—which make up around one quarter of the housing stock in the major cities. This is why they are largely ignored by the RBA and most market economists."
