In the month of March 2013, the RP Data-Rismark 5-city daily dwelling values index, which covers the five major capital city markets, recorded a 1.30% increase, with all major capitals except Adelaide recording rises in values (see next chart).
It was the third consecutive monthly rise in values and follows increases of 1.11% and 0.26% respectively in January and February at the 5-city level, with values now up by 2.69% so far in 2013 (see next chart).
In the year to March 2013, home values have increased by 2.38% at the 5-city level, with all major capitals recording increases (see next chart).
Values are now down -3.2% since peak at the 5-city level, with Sydney recovering all of its lost ground, but the other major capitals still in negative territory (see next chart).
However, major capital home values have now gained 4.6% since bottoming in May 2012, with all capitals experiencing a solid rebound (see next chart).
