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The Hass Property Index

Subdued property price growth in the third quarter but outlook positive with new interest rate cap

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Hass

Quarter 3. 2016

Subdued property price growth in the third quarter but outlook positive with new interest rate cap

  • Property prices increased by 1.2 per cent in the third quarter of 2016 a slower increase than the previous quarter's 4.0 per cent increase led by a price correction in the semi-detached house segment.

  • Asking rents marginally increased at 0.7 per cent from 1.5 per cent recorded in the previous two quarters of 2016.

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