Latest news: House prices

The acceleration of Canberra’s house prices has been at a historic high, hitting a $950,000 median in August, a significant increase of $250,000 since the beginning of the Covid-19 pandemic early last year.

The latest Real Estate Institute of Australia (REIA) report from the June quarter reveals bleak times for ACT rental affordability, while much of the rest of Australia is slowly starting to improve. Across...

The number of first home buyers has drastically dropped in 2021, with rapidly increasing house prices continuing to lock them out. The latest Australian Bureau of Statistics (ABS) report shows a 20 per...

Canberra and other major Australian cities are experiencing historically high house prices with never-before-seen buyer demand. The Domain Buyer Demand Indicator report by Chief of Research and Economics Dr Nicola Powell has been...

The national capital experienced its busiest June on record with an auction clearance rate of 86.7% and a median sale price of $1.014 million.

Australian residential property prices rose 13.5 per cent over the 2020/21 financial year, the highest annual growth rate since 2004.

Paying off a home loan used to be easier due to wage rises once taking care of repayments, writes ANU visiting fellow Peter Martin.

According to new figures from Domain, prices increased 9.7% over the March quarter with the ACT’s median house price now sitting at $927,577 – an increase of almost 20% on last year.