myrpdata Property Pulse by Cameron Kusher CoreLogic RP Data anticipates that the rate of capital growth, particularly in Sydney and Melbourne will continue to moderate over the coming year. As a result we may see an improvement in other markets as investors and those priced out of the Sydney and Melbourne markets look for alternatives. We believe that home values will continue to increase over the coming year however, the rate of growth will continue to slow. It is likely that values will continue to rise until such time as interest rates increase. Despite the signs that the housing and construction sector is picking up as mining investment slows, it does not mean that the economic transition away from the mining related infrastructure sector will be without its challenges. The high unemployment rate continues to be a potential risk for the housing market. Of course, if interest rates were to increase this would likely extinguish some of the current housing market exuberance.