The latest Real Estate Institute of Australia (REIA) Real Estate Market Facts (REMF) has found the national median house price grew by 7.6% over the year to March, 2024 increasing to $1,026,903.
John McGrath – Australian cities among the top global prestige markets
Prestige property in Perth and the Gold Coast recorded price growth above the global average in 2023, with the Asia Pacific being the strongest-performing region for global luxury real estate values.
Housing affordability improves for the first time since 2021 - REIA
Housing affordability for home buyers has finally turned a corner with the March quarter of 2024, showing improvement for the first time in three years - but it’s a tale of two cities.
ABS data shows that the Consumer Price Index (CPI) rose 3.6 per cent in the 12 months to April, following a 3.5 per cent rise in the twelve months to March and 3.4 per cent in the twelve months to February.
