Residential Market Shows Positive Signs

March 24th,2014

The capital city weighted average median price increased by 3.8% for houses and by 2.4% for other dwellings over the December quarter, according to the Bendigo Bank/REIA Real Estate Market Facts publication.

Real Estate Institute of Australia (REIA) President, Peter Bushby says "The weighted average median house price for the eight capital cities is now $533,099."

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