News

House price rises revised upwards

Tuesday 26th of September 2023

Applying the bank’s forecast for growth in the national house price index to the median sale price implies the median home selling for about $812,000 by Christmas, up from $780,000 currently.

In its latest Property Focus, the ANZ says house prices will rise at their current pace until autumn next year. Chief economist Sharon Zollner says underpinning recent momentum, first-home bu...

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