In the December quarter 2019, the weighted average capital city median price for both houses and other dwellings increased in the Australian residential property market.
REIA President Adrian Kelly said REIA Real Estate Market Facts for the December 2019 quarter show weighted average median prices increased by 4% for houses and by 3% for other dwellings
“In the December quarter 2019 the weighted average median price for houses for the eight capital cities increased to $775,918,” Mr Kelly said.
