Property prices ended 2017 on a high with the weighted average median price of the eight capital cities up 1.0 per
cent to $769,501, according to the latest research from the Real Estate Institute of Australia.
REIA Real Estate Market Facts for the December quarter 2017 showed prices increasing in all capital cities except for
Canberra down 2.7 per cent.
“The weighted average median price for other dwellings increased 0.6 per cent to $590,455 over the quarter, with
prices increasing in all capital cities except for Sydney down 0.4 per cent and Darwin sliding 7.4 per cent,” REIA
President Malcolm Gunning said.
Download the full media release here:
RAPID GROWTH IN HOUSING FINANCE APPROVALS SLOWING DOWN
AUSTRALIAN HOUSING PRICES SOAR BY 500% OVER PAST 25 YEARS
REIA News – March 2021
REIA WELCOMES A RETURN TO NORMALITY AS RENTAL MORATORIUMS IN MOST MAJOR STATES END
SHOW US THE EVIDENCE FOR BENEFITS TO CUSTOMERS: MUTUAL RECOGNITION
REIA SIGNS INAUGURAL SPONSORSHIP AGREEMENT WITH REALESTATE.COM.AU
REIA REPORTS A RISE IN HOUSING AND RENTAL PRICES ACROSS MOST OF AUSTRALIA
COVID-19 PANDEMIC SEES FIRST HOME BUYERS INCREASE MARKET SHARE BY 50.4%
