The decline in property prices continued in the June quarter and will most likely mark the bottom of the cycle, according to the latest research from the Real Estate Institute of Australia.
REIA President Adrian Kelly said REIA Real Estate Market Facts for the June 2019 quarter show weighted average median prices decreased by 1.0 per cent for houses and by 0.6 per cent for other dwellings.
“This is a continuing decline since June 2018 for both houses and other dwellings, but the decline is slowing,” Mr Kelly said.
Download the full media release here:
A MESSAGE FROM REIA PRESIDENT ADRIAN KELLY REGARDING TENANTS AND THEIR RENT PAYMENTS
REIA RESPONSE TO WAGES SUBSIDIES
RESPONSE TO PRIME MINISTER’S ADDRESS ON TENANCY
RENTS AND THE IMPACT ON PROPERTY MANAGEMENT
RESPONSE TO PRIME MINISTER’S ADDRESS ON TENANCY
Winners of the 2020 REIA National Awards for Excellence announced
BACKING THE GOVERNMENT’S ADVICE ON AUCTIONS AND OPEN HOUSES
Conduct of Open Homes and Public Auctions by Real Estate Agents
