6416.0 - House Price Indexes: Eight Capital Cities, Sep 2008
Previous ISSUE Released at 11:30 AM (CANBERRA TIME) 03/11/2008
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SEPTEMBER KEY POINTS
ESTABLISHED HOUSE PRICES
ANNUAL CHANGES (SEPTEMBER QUARTER 2007 TO SEPTEMBER QUARTER 2008)
CHANGES IN THIS ISSUE
There are no changes in this issue.
The established house price index will be calculated with an updated weighting pattern and stratification commencing in the December quarter 2008 issue of this publication. The new weights will be derived with data from the 2006 population census. The new stratification method will be based on the long term median price and the neighbourhood characteristics of a suburb. The link period for these changes will be March quarter 2008. Therefore, only the index numbers for subsequent periods will reflect the new weights and stratification. The December quarter 2008 issue will include an appendix which will provide information on the changes.
Estimates for the two most recent quarters of the Established House Price Index Series are preliminary and subject to revision (see paragraphs 12 and 13 of the Explanatory Notes).
For further information about these and related statistics, contact the National Information and Referral Service on 1300 135 070 or Mark Dubner on Sydney (02) 9268 4448.
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