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The property scene

The Hass Property Index

Apartments drive prices and rents,despite intensive building

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Quarter 4. 2014

Apartments drive prices and rents, despite intensive building

  • Overall, property prices rose by 2.4 per cent in the final quarter of 2014, maintaining the market's stead recovery

  • All segments of the market reported rising prices in the final quarter. The sharpest rise was in asking prices for apartments, up 5.5 per cent on the previous quarter

  • Prices rises were more subdued for detached and semi-detached houses, up 1.9 per cent and 1.8 per cent on the previous quarter

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