Research shows March housing decline, market to stabilise: REIA

June 12th,2019

Property prices fell across Australia at the start of the year with the weighted average median prices decreasing by with houses declining 2.2 per cent and other dwellings 1.4 per cent, according to the latest research from the Real Estate Institute of Australia.

REIA President Adrian Kelly said while REIA Real Estate Market Facts for the March 2019 quarter showed a continuing decline in the market since June 2018 for both houses and other dwellings a number of factors are pointing to a stabilising market.

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