We can use the S&P Case-Shiller House Price Index to look at house prices in America. Where can I find details of house prices in Australia?
Can I look at the S&P/ASX Property Index or does that only look at listed property and therefore is not representative of the whole property market?
ASX listed property generally relates to commercial, industrial & retail property trusts. Each sector of the property industry moves independently of eachother so that this index is not a worthwhile assessment of the residential sector.
Might be worth looking at housing approvals, domestic construction stats etc and trending of the median house prices in the areas of interest vs median house prices. Possible sources HIA, BIS Shrapnel reports, Census Data etc.
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