Australian house price growth falls in many capital cities in first quarter of 2013

[Nicholas Wallwork]

ouse price growth in Australia’s capital cities stagnated in the first quarter of 2013, up 0.1% overall but prices fell in eight cities, according to figures from the Housing Industry Association (HIA). Across capital cities the established house price index rose by 0.2% in Melbourne, 1.2% in Perth, 1.9% in Darwin and 0.2% in Canberra. [...]

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