Australian housing prices continued to rise but other dwellings recorded falls over the March quarter, Real Estate Institute of Australia’s (REIA) latest Real Estate Market Facts report has found.

Property peak body Strata Community Association (SCA) is pleased with action across Australia on combustible cladding five years on from the notorious Grenfell Tower fire, but believes more needs to be done, and calls on all states and territories to work to ensure building safety nationally.

Nerida Conisbee, Ray White Chief Economist gives commentary on change in leadership, policies and the way the country is run and what effect it will have on the property market.

According to John McGrath, Chief Executive Officer of McGrath Estate Agents, we’re already halfway through a market correction in Sydney and Melbourne, however prices in Brisbane are still going up.