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1.Market Observations, 8.Was Sticky

2 Nov 2016 (AFR) – Sydney house prices cement return to double-digit growth

(2 November 2016, AFR, p4, by Su-Lin Tan)

‘Sydney house prices have cemented their upward trend, achieving double-digit annual price growth a second time in two months, Corelogic’s October Hedonic Home Value Index shows. Prices have risen 10.6 per cent in the past 12 months, despite hopes they would be capped at below 10 per cent in predictions made by property experts late last year. Last month prices rose 10.2 per cent year on year.’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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