New housing construction is seen at Marsden Park, west of Sydney, Wednesday, October 26, 2022. Australians struggling to break into the property market are set to benefit from a $350 million affordable housing scheme included in the federal budget. (AAP Image/Dan Himbrechts) NO ARCHIVING Source: AAP / DAN HIMBRECHTS/AAPIMAGE
Digital property portal Domain recently published its latest report on Australian home prices. According to the report, the cost of buying a house dropped by 4.9 per cent in the last quarter. According to Domain's Chief of Research and Economics Dr Nicola Powell, prices are still significantly higher than before COVID-19 arrived, with the median house price staying around $1.02 million.
Digital property portal Domain recently published its latest report on Australian home prices. According to the report, the cost of buying a house dropped by 4.9 per cent in the last quarter. According to Domain's Chief of Research and Economics Dr Nicola Powell, prices are still significantly higher than before COVID-19 arrived, with the median house price staying around $1.02 million.
