Australian house prices rising at fastest rate in nearly four years, data shows

Published 1 day ago
Source: theguardian.com
Australian house prices rising at fastest rate in nearly four years, data shows

Brisbane overtakes Canberra as second-most expensive housing market, after Sydney, with median prices rising by nearly $40,000

Australian house prices are rising at their fastest rate in nearly four years, as buyers rush to auctions and owners put off selling amid expectations for a further upswing.

Capital city house values have sustained their longest continuous stretch of growth in a decade with a median increase of $35,000 in the three months to September, new data from Domain shows.

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