Real Dwelling Value Changes

With dwelling values now declining across the nation, in this week’s Property Pulse we take a look at inflation-adjusted (or real) dwelling value changes to the June 2018 quarter.

When analysing housing markets the focus is typically on nominal changes in values.  While it makes sense to analyse a market in nominal terms, it’s worthwhile measuring the change in dwelling values relative to the rise in the overall cost of consumer.

Over the 12 months to June 2018, nominal dwelling…