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Aust house price index fell 0.8 pct in Dec quarter

02 Feb 2009 11:31 AM

SYDNEY, Feb 2 AAP - The Australian house price index fell 0.8 per cent in the December quarter, the Australian Bureau of Statistics said on Monday.

This compares with a downwardly revised 2.4 per cent fall in the September quarter.

In the year to December, the house price index decreased 3.3 per cent.

Economists had expected a fall of 1.0 per cent for the December quarter.