Investing.com - Australia’s official house price index rose less-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 1.7%, from 3.8% in the prior quarter whose figure was revised up from 3.4%.
Analysts had expected Australian HPI to rise 2.9% in the last quarter.
In a report, Australian Bureau of Statistics said that Australian HPI rose to a seasonally adjusted 1.7%, from 3.8% in the prior quarter whose figure was revised up from 3.4%.
Analysts had expected Australian HPI to rise 2.9% in the last quarter.