6416.0 - Residential Property Price Indexes: Eight Capital Cities, Jun 2014 Quality Declaration
ARCHIVED ISSUE Released at 11:30 AM (CANBERRA TIME) 12/08/2014
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JUNE KEY POINTS
CHANGES TO RESIDENTIAL PROPERTY PRICE INDEX
TOTAL VALUE OF THE DWELLING STOCK
Estimates for the two most recent quarters of the indexes are preliminary and subject to revision (see paragraph 26 of the Explanatory Notes).
Revisions to the Percentage Change (From Previous Financial Year) for 2011-12 and 2012-13 have been annotated in Tables 1, 2 and 3 of this publication. These revisions are the result of using unrounded financial year index numbers instead of rounded index numbers. The financial year percentage changes have now been re-calculated using the rounding conventions described in paragraph 45 of the Explanatory Notes.
The number of dwelling transfers and unstratified medians in Tables 4 and 5 of this publication for the Northern Territory have been revised beyond the usual period of revisions. These revisions are the result of a review of the zoning codes used in the Northern Territory attached dwellings data.
CHANGES IN FUTURE ISSUES
The Acting Australian Statistician recently announced reductions to the ABS work program. This announcement included a Review of the Residential Property Price Indexes, with the view to discontinuing it pending identification of alternative sources to meet the Australian National Accounts and other requirements.
The Review specifically relates to residential property price indexes and related statistics in this publication. For further information please contact Neel Tikaram on (02) 9268 4792 or email <firstname.lastname@example.org>.
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