House prices are off the boil: House prices are off the boil according to both the Australian Bureau of Statistics and RPData. For the ABS, house prices rose just 1.5 per cent in the September quarter, with the annual rise of 9.1 per cent the lowest in a year and down from the 10.8 per cent peak in the March quarter 2014. With a very large 4.0 per cent increase dropping out of the annual data next quarter and given what we know about house prices so far in the December quarter, annual house price growth looks set to slip below 7 per cent when those data are released in 3 months. The bottom line is that house prices are still rising, but not at a particularly alarming pace. For the full report, click here: (VIEW LINK)