Housing prices continue to fall: REIA

September 12th,2018

Property prices across Australian capital cities fell in the June quarter 2018 with the weighted average median prices decreasing by 0.8 per cent for houses and 0.3 per cent for other dwellings, according to the Real Estate Institute of Australia.

The Real Estate Market Facts report shows the weighted average median price for houses for the eight capital cities slid to $765,098 over the quarter, with prices dropping in all capital cities except for Brisbane, Adelaide and Hobart.

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