Sydney remains the runaway leader for capital city housing growth, according to the latest data from the Australian Bureau of Statistics. In its established house price index for the December quarter released on Tuesday, the Sydney index increased by 3.4 per cent, compared with the next best cities, Melbourne and Brisbane, which both increased by 1.5 per cent. Sydney also recorded the highest increase in the index over 2014 – up by 12.8 per cent – again well ahead of the equal second-placed Melbourne and Brisbane markets where established house price indices increased by 5.4 per cent. Read more: http://news.domain.com.au/domain/real-estate-news/growth-in-sydney-house-prices-outstrips-all-other-cities-abs-20150210-13atpt.html
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