House price index Australia is an economic indicator for Australian currency traders. Data is usually released on quarterly basis at 1:30 GMT by Australian Bureau of Statistics. The house price index Australia rose to 3.9% in last three months and gain 2.4%. This was the highest reading since 2016 because property prices has increases in most cities of Australia such as Melbourne 5.2%, Sydney 4.7%, Brisbane 1.8%, Perth 1.1%, Adelaide 1.4%, Canberra 3.1% and Hobart 2.7%. The reading of House Price Index Australia higher than expected taken as positive/bullish while lower than expected taken as negative/bearish for AUD.
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