Business
Why are Australian home prices rising again and can it last? – Sydney Morning Herald
Don’t values drop when there’s a recession? What’s going on – and can the rise continue?
Normal text sizeLarger text sizeVery large text size
Australias Teflon-coated property market appears to have proved itself again. Despite the countrys first recession in nearly three decades, Aussie home values including houses and apartments ended 2020 a solid 3 per cent higher, according to CoreLogic data.
According to another report, the Domain House Price index released on January 28, the nations median detached house price hit a record high of $852,940 in the December quarter. Sydneys median…
-
Noosa News23 hours agoTwo-time Archibald Prize-winning painter William Robinson has died, aged 89
-
Noosa News23 hours agoWilliam Robinson dies aged 89
-
General22 hours agoMatt Wright wanted to hinder investigations into chopper crash ‘at almost any cost’, jury hears
-
General22 hours agoCalls for corruption probe into completion of mayor’s Surfers Paradise Bowls Club site purchase