Property prices have fallen across Australia with houses declining 2.3 per cent and other dwellings 2.4 per cent, according to the latest research from the Real Estate Institute of Australia.
REIA Real Estate Market Facts for the December quarter 2018 saw the weighted average median prices fall the most since December 2011 for houses.
REIA President Adrian Kelly said the weighted average median price for houses for the eight capital cities decreased to $733,438 over the quarter with prices falling in all capital cities except for Hobart and Adelaide and remaining stable in Perth.
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REIA News – December 2020
MYEFO POINTS TO GAINS FOR THE PROPERTY MARKET PROMPTED BY QUICKER ECONOMIC RECOVERY
REIA WELCOMES STATE OF THE NATION’S HOUSING REPORT
RE-ELECTED REIA PRESIDENT, ADRIAN KELLY SAYS MEMBERS ARE REPORTING STRONG RECOVERY AFTER CHALLENGING YEAR
AUSTRALIA’S HOUSING MARKET PROVES RESILIENT OVER 2020 WITH PRICE RISES IN MOST STATES
