House prices up again:
February 24, 2006 - 11:41AM
Housing prices are staging a comeback across the country, new figures show.
The Australian Bureau of Statistics said the price of housing in the nation's capital cities rose 2.1 per cent during the December quarter.
Over the past 12 months, prices in the cities were up 2.3 per cent.
During the quarter, prices rose 6.6 per cent in Perth, 6.1 per cent in Darwin, 2.3 per cent in Melbourne, two per cent in Brisbane, 1.8 per cent in Hobart, 1.1 per cent in Adelaide, one per cent in Sydney and 0.9 per cent in Canberra.
Over the full year, prices were up a whopping 23.2 per cent in Darwin, closely followed by Perth (up 22.5 per cent).
Price rises in other cities were much more moderate. They rose 5.4 per cent in Hobart, 3.5 per cent in Brisbane, 3.4 per cent in Adelaide, 2.9 per cent in Melbourne and 0.8 per cent in Canberra.
Sydney house prices fell 3.9 per cent.