The latest Real Estate Market Facts (REMF) report, published by the Real Estate Institute of Australia (REIA), highlights a significant surge in national median prices for both houses and other dwellings over the recent quarter.
While this upward trend is promising for homeowners and property investors, it adds further pressure to an already challenging housing affordability crisis. As property values climb, rental prices are also following suit, making it increasingly difficult for prospective buyers and renters to enter the market.
For a comprehensive breakdown of these market shifts, the full report provides in-depth analysis and expert insights. Click here for the official media release to explore the latest trends shaping Australia’s real estate landscape.
