Australian house prices record highest increase in 18 years, particularly in Adelaide and Hobart – NEWS.com.au

In grim news for house hunters, Australian house prices have skyrocketed to record highs, with the steepest increase in 18 years, and Sydney and Canberra recording the fastest quarterly increases in nearly three decades.Sydney house prices jumped by $103,000 over the March quarter to hit a new record median of $1,309,195, while in Melbourne house prices are expected to crash through the $1 million mark in the next quarter.
The Domain House Price Report for the March quarter revealed that the Aussie…

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