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Home prices rise 0.3% in October

AAP logoAAP 28/10/2016 Garry Shilson-Josling, Economist

Housing prices have risen 0.3 per cent, CoreLogic's preliminary capital city figures show, with rises across most of the major capital states.

"The month-to-date rise has been recorded across each of the major capitals, except Adelaide where values are trending towards a slightly negative end of month result," CoreLogic said.

The early estimates using the first 27 days of October, to be followed with more detailed final figures on Tuesday, suggest annual growth was steady at just over seven per cent, on average, for the capital cities.

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