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Mid-market property surges on rising rent yields

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Quarter 2. 2014

Mid-market property surges on rising rent yields

  • House price rises were more subdued in Q2 , held down by a dip in asking prices for top-of-the-market detached houses

  • Detached house prices fell by 0.3 per cent on Q1, and 2.1 per cent on a year earlier, in a price correction following from
    the more than 10 per cent post-election surge in detached house prices

  • Strongest price growth continued to be for semi-detached houses, up 3.3 per cent in Q2, and 6.7 per cent on year earlier

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