FOREX TradingCharts.com

Financial News: Australia House Prices Drop In Q2

Australia House Prices Drop In Q2

09/15/2020 - 00:49:00 (RTTNews)

(RTTNews) - Australia's house prices declined for the first time in a year in the second quarter, data from the Australian Bureau of Statistics showed Tuesday.

House prices fell 1.8 percent on a yearly basis in the June quarter, reversing a 1.6 percent rise in March quarter. This was the first decline since June 2019.

The falls in residential property prices were led by the Sydney and Melbourne property markets.

Head of Prices Statistics at the ABS, Andrew Tomadini, said "All capital cities apart from Canberra recorded falls in property prices in the June quarter 2020".

On a yearly basis, house prices were up 6.2 percent with rises in all capital cities except Perth and Darwin.

"The number of residential property transactions fell substantially in the eight capital cities during the June quarter 2020, due to the effects of COVID-19 on the property market", said Tomadini.

For comments and feedback: contact editorial@rttnews.com

Copyright(c) 2020 RTTNews.com. All Rights Reserved

Market News provided by RTTNews

RECENT INTERNATIONAL FINANCIAL NEWS


Finland Jobless Rate Rises In August (41 min(s), 51 sec(s) ago)
(RTTNews) - Finland's jobless rate rose in August, figures from Statistics Finland showed on T ...Full Story»

Dutch Consumer Confidence Improves Slightly In September (01 hr(s), 22 min(s), 51 sec(s) ago)
(RTTNews) - Dutch consumer confidence improved slightly in September, but remained negative, data ...Full Story»

European Economics Preview: Sweden Central Bank Rate Decision Due (03 hr(s), 35 min(s), 51 sec(s) ago)
(RTTNews) - The interest rate announcement from Sweden's central bank is due on Tuesday, headl ...Full Story»

Thai Trade Data Due On Tuesday (26 min(s), 09 sec(s) ago)
(RTTNews) - Thailand will on Tuesday release August figures for imports, exports and trade balance ...Full Story»

South Korea Producer Prices Climb 0.5% In August (20 min(s), 09 sec(s) ago)
(RTTNews) - Producer prices in South Korea were up 0.5 percent on month in August, the Bank of Kor ...Full Story»

Luxembourg Jobless Rate Falls Further (09 min(s), 09 sec(s) ago)
(RTTNews) - Luxembourg's unemployment rate fell for a second straight month in August to its l ...Full Story»

UK Household Finances Continue To Deteriorate In September (25 min(s), 09 sec(s) ago)
(RTTNews) - UK households' perception about the financial well-being showed another sharp fall ...Full Story»

Belgium Consumer Confidence Rebound Strongly To 7-month High (04 min(s), 09 sec(s) ago)
(RTTNews) - Belgium's consumer confidence rebounded strongly in September to its highest level ...Full Story»

Search

INTERNATIONAL FINANCIAL NEWS

Finland Jobless Rate Rises In August

09/22/2020 - 02:56 AM (RTTNews)
(RTTNews) - Finland's jobless rate rose in August, figures from Statistics Finland showed on T ...Full Story>>

Dutch Consumer Confidence Improves Slightly In September

09/22/2020 - 02:15 AM (RTTNews)
(RTTNews) - Dutch consumer confidence improved slightly in September, but remained negative, data ...Full Story>>

European Economics Preview: Sweden Central Bank Rate Decision Due

09/22/2020 - 00:02 AM (RTTNews)
(RTTNews) - The interest rate announcement from Sweden's central bank is due on Tuesday, headl ...Full Story>>

Thai Trade Data Due On Tuesday

09/21/2020 - 18:04 PM (RTTNews)
(RTTNews) - Thailand will on Tuesday release August figures for imports, exports and trade balance ...Full Story>>

South Korea Producer Prices Climb 0.5% In August

09/21/2020 - 17:58 PM (RTTNews)
(RTTNews) - Producer prices in South Korea were up 0.5 percent on month in August, the Bank of Kor ...Full Story>>

Do not sell my personal information

Copyright © 2020. All market data is provided by Barchart Solutions. Information is provided "as is" and solely for informational purposes, not for trading purposes or advice. To see all exchange delays and terms of use, please see disclaimer.