Australia’s two largest capital cities are leading a housing recovery, according to the Real Estate Institute of Australia.
REIA Real Estate Market Facts for the September quarter 2019 said the weighted average median price for houses for the eight capital cities increased to $743,776.
“The increase was driven by the larger property markets of Sydney and Melbourne where house prices increased, while all other capital cities house prices decreased,” Mr Kelly said.
Download the full media release here:
REIA WELCOMES THE REOPENING OF AUSTRALIA’S SECOND-LARGEST PROPERTY MARKET
Federal announcement of consumer credit reforms a positive for house listings Australia wide
REIA urges Victorian Government to safely restart Australia’s second biggest property market
Pandemic makes moderate impact on property: June Real Estate Market Facts
July Housing Finance Continues COVID Rollercoaster
Response to Tasmanian Government’s moratorium decision
Best rental affordability results since 2007: REIA
FIRST HOME LOAN SCHEME A WIN FOR BUYERS IN CITIES AND REGIONS
