According to the RP-Data Rismark home Value Index, "Index city home values across the country lifted 0.1% in November-the first increase since December 2010." One of the capital city home values which lifted slightly is Perth. Perth property prices lifted 0.5% last month and Perth outperformed the rest of the country. Sydney and Canberra have fallen 0.5% and 1.6% respectively. We have very optimistic reflection based on the RP-Data figures and indicates that housing activity performs better and will rebound solidly this year. Perth is not the only city that performs better nowadays, most of the capital cities are slightly increasing on the home values because of the homebuyers enter the market and experts predicts this year will be the year to cope up all the negative experienced last year.
Tags: Perth, Property Market, RP-Data
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