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1.Market Observations

30 Jun 2014 (AFR) – Sydney house market in line for record June listings, sales

(30 June 2014, AFR, p6, Michael Bleby and Jacob Greber)

‘Sydney and Melbourne house prices are making a comeback, posting rises in June after falling in May.’

‘Sydney home values rose 0.7 per cent last week for a monthly increase of 1.5 per cent, RP Data figures showed. In May they fell 1.1 per cent. In Melbourne, weekly home values jumped 2.1 per cent, to a monthly change of 1.7 per cent, after falling 3.6 per cent last month.’

Read more at AFR.com (might need AFR login access)

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