HERC Index

Source: Cape Cod Australia www.capecod.com.au

August 2016

Home Extension & Renovation Cost Index

There was no increase to the HERC Index for August. However, long term comparison shows that the HERC Index increases continue to outpace CPI – while at the same time, the Index has increased markedly less than the Residential Property Price Index (RPPI) for Sydney. (Note: RPPI figures are yet to be released for the last quarter).

 

 

Sources:
www.abs.gov.au

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