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:
REIA News – June 2018
Real Estate Industry on Pathway to Professionalism
Australian Capital Cities Median House Price Falls: REIA
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REIA News – May 2018
Six Month Decline in Housing Finance Numbers
Budget benign for housing: REIA
CPI figures suggest interest rates to remain steady: REIA
