Hobart, Where Real Dwelling Values Sit at Their Peak

With the release of March 2018 quarter CPI data it shows that in inflation adjusted terms, dwelling values are now lower than they were at their peak in most capital cities.

According to the Australian Bureau of Statistics (ABS), the consumer price index (CPI), which measures inflation, increased by 0.4% over the March 2018 quarter to be 1.9% higher year-on-year.  With the release of this data, it is also possible to look at inflation-adjusted or real changes in dwelling values across the…