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Australia: REIA survey tips property price rise in 2013

Posted on 12 December 2012

Australian property prices are tipped to rise in 2013 as increased affordability and interest rate cuts encourage buyers into the market. A real estate study released today showed a slight dip in national property prices in the three months to the end of September, but they were unchanged over the year.
The Bendigo Bank/Real Estate Institute of Australia real estate market report showed the weighted average median house price for capital cities fell 0.6 per cent in the September quarter, compared to the June quarter.However the average price for other dwellings, including as apartments, rose 1.2 per cent in the September quarter………………………………………..Full Article: Source


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