National property prices jumped 0.35 per cent in September to a new record high, recovering all of the losses suffered last year. The PropTrack Home Price Index released on Sunday showed property prices have lifted every month this year. REA Group Economist Angus Moore says the property market has had a “pretty remarkable recovery” since December 2022. “We saw prices fall pretty briskly through the back half of last year as the RBA was raising rates,” Mr Moore told Sky News Business Reporter Edward Boyd. “Since December last year prices nationally are up 4.3 per cent and as you say they’ve increased every single month which is a pretty remarkable recovery given where we’re at.” In partnership with REA
National property prices jumped 0.35 per cent in September to a new record high, recovering all of the losses suffered last year.
The PropTrack Home Price Index released on Sunday showed property prices have lifted every month this year. REA Group Economist Angus Moore says the property market has had a “pretty remarkable recovery” since December 2022. “We saw prices fall pretty briskly through the back half of last year as the RBA was raising rates,” Mr Moore told Sky News Business Reporter Edward Boyd.
“Since December last year prices nationally are up 4.3 per cent and as you say they’ve increased every single month which is a pretty remarkable recovery given where we’re at.”
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Chris Minns threatens action against Clover Moore in Sydney housing battleThe New South Wales Premier is prepared to overrule Sydney Lord Mayor Clover Moore in a bid to reinvigorate residential development in the city as a battle over housing brews in the state capital.
Read more »
Cursed no more: Moore’s Magpies exorcise ghosts of grand finals pastThis is a different Collingwood, with a different coach and captain, a different dispensation, a different vibe, and at last it produced a different outcome.
Read more »
Good Weekend letters to the editor: September 30Want to chat? We’d love to hear from you. Send your letters to goodweekendgoodweekend.com.au
Read more »
Good Weekend letters to the editor: September 30Want to chat? We’d love to hear from you. Send your letters to goodweekendgoodweekend.com.au
Read more »
Evening News Bulletin 30 September 2023Police investigating the death of a man in an apparent whale collision in Sydney Harbour; Fears for aerospace jobs after Australia retires its Taipan fleet; Collingwood's A-F-L-W side accounts for Essendon, ahead of the men's grand final.
Read more »