The median house price across Australian capital cities has continued to rise with the weighted average median prices increasing by 1.8 per cent for houses and 2.6 per cent for other dwellings, according to the latest research from the Real Estate Institute of Australia.
REIA Real Estate Market Facts for the June quarter 2017 show the weighted average median price for houses for the eight capital cities increased to $768,227, with prices increasing everywhere except for Adelaide and Perth.
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