"An index of home prices for Australia's major cities rose only marginally in November, a slowdown after two months of strong gains that should temper concerns about a bubble, industry data showed on Monday.
Figures from property consultant RP Data-Rismark showed overall dwelling prices rose 0.1 percent in November, from October when they climbed 1.3 percent.
Annual growth in its home price index edged up to 8.0 percent, a three-year high, from 7.9 percent in October. Gains were led by Sydney where prices were up 12.5 percent on November last year, while Perth recorded growth of 8.9 percent and Melbourne 6.6 percent''.
Source: Reuters
