Home property values are of great interest to potential home buyers as well as home sellers especially at present when the Australian property market is at its strongest. According to the Australian Bureau of Statistics (ABS) home prices in the eight capital cities of Australia increased by 3.4% in the December quarter 2013 and 9.3% through the year to the December quarter 2013. The highest annual increase in home price index was in Sydney at 13.8%, followed by Perth (8.7%), Melbourne (7.9%), Brisbane (5.7%), Darwin (5%), Hobart (4.9%) and Adelaide (3.4%). In Canberra, there was a 0.3% decrease in home prices. Continue reading Is Property Valuation The Same As The Home Appraisal?