Australian HPI 4.1% vs. 2.4% forecast

Australian HPI 4.1% vs. 2.4% forecast
Economic Indicators
Tuesday, March 21, 2017 - 00:30
Australia’s official house price index rose more-than-expected in the last quarter, official data showed on Tuesday.

In a report, Australian Bureau of Statistics said that Australian HPI rose to a seasonally adjusted 4.1%, from 1.5% in the preceding quarter.

Analysts had expected Australian HPI to rise 2.4% in the last quarter.

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