House price falls continue

Monday 31 October 2011

We’ll have much more later today on the R.P.Data September results, but for the time being home prices fell a seasonally adjusted 0.2 per cent in September after falling a 0.4 per cent in August. Here is a chart of the raw data monthly fall:

And seasonally adjusted:

About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.