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The Housing Affordability in Australia - Good house is hard to find report stated that "the average house price in the capital cities is now equivalent to over eight years of average earnings; up from three in the 1950s to the early 1980s. [7] Some factors that may have contributed to the increase in property prices include:
The average Australian property price grew 0.5% per year from 1890 to 1990 after inflation, [1] however rose from 1990 to 2017 at a faster rate. House prices in Australia receive considerable attention from the media and the Reserve Bank [2] and some commentators have argued that there is an Australian property bubble. [citation needed]
In 2013, Selling Houses Australia was the highest rating LifeStyle Channel series and was the number 1 regular program on Pay TV. [5] In its seventh series, which aired in 2014, the show became the highest rating series in Foxtel history, reaching a cumulative average of 603,000 viewers per episode, and "2.6 million unique people, equivalent to ...
Fannie Mae forecasts a nearly 5% price appreciation by the end of 2024. NAR predicts the year-end median price on existing homes will hit $393,000, up from $387,000 in 2023.
US existing home sales rise in December; house prices hit record high in 2024. WASHINGTON (Reuters) -U.S. existing home sales increased to a 10-month high in December, but further gains are likely ...
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