House price figures - June quarter

APM has released this quarters figures:

House prices still rising, but slowing

More info here:

Property price fall in Perth's most expensive suburbs

RP Data/Rismark to publish tomorrow, as does the ABS home price index.

I'm still looking for construction figures - signs of an increase in residential construction, year on year, foretell a sooner rather than later burst.

__________________
Its not whether you are right or wrong that matters, but how much money you make when you're right and how much you don't lose when you're wrong - 

 George Soros.
www.empireinvesting.com.au

The ABS CPI figures already tell us that house purchase costs grew 1.1% in the
quarter. Not exactly consistent is it?

Look at it another way: with housing being 30%+ of people's expenses,
a 15% increase in housing costs (lets assume for sake of the argument that
rents follow purchase costs, as the spruikers would have us believe),
we get an inflation contribution from housing alone in excess of 4.5%
for those who do not already own a house. That'll get the Reserve to hold their fire!

The ABS publishes its methodology in detail, APM seems to offer nothing by
way of explanation of how they get their numbers. But they are
"the leading provider of Automated Valuation Models (AVMs) to Australia's banking sector"
so they must be good.