Housing Index

The housing Index tracks and measure the weighted average price level for housing properties in eight major cities in Australia. This metric is reported on a monthly basis by Australian Bureau of Statistics.

 Australian Housing Index

In Q1 2017 the indicator was as 2.2% whereas the previous quarter prices rose 4.1% and it was in line with the consensus. This figure was at its historical lows of -2.2% in Q3 2008 and at its highs of 6.1% in Q2 2002.