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.
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REIA News – September – October 2019
CPI continues to be good news for home buyers and renters
Justin Nickerson wins auctioneering silverware for third time
All Aussie final for “pinnacle” in Australasian Auctioneering
Auctioneers ready for annual show down
Rental affordability hits 11 year high: report
REIA News – August 2019
Housing finance figures show green shoots
