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. . . . . Property buyer demand has reached record high levels through extended Covid-19 lockdowns in Australia's biggest property markets with purchasers having limited choice as prices continue to rise.......
. . . . . Australian property prices are $103,400 higher than last year, reports CoreLogic Sydney's median property price lifted 1.8pc to $1.04 million in August.......
. . . . . Record Sales Absorb Gold Coast Apartment Supply Red-hot demand due to pandemic-inspired sea-changers and downsizers has led to record apartment sales on the Gold Coast, dragging supply levels to new historical lows.......
. . . . . Building demand drives 1.4% quarterly increase in construction costs CoreLogic's national measure of residential construction costs show an increase of 1.4% in the three months to June 2021, outpacing the Consumer Price Index of 0.......
. . . . . No End to Global House Price Surge The current residential boom is unlikely to bust thanks to housing undersupply, high employment levels and a strong economic forecast underpinning the market, according to new research.......
. . . . . Property values up 13.5% last financial year plus 1.6% in July National home values rose 1.9% in June, taking annual growth to 13.5% for the financial year. The growth in Australian dwelling values was led by houses, which rose 15.......
. . . . . New Unit sales increase by 100% on Gold Coast. Apartment prices have increased on average by 23% over the previous year with Urbis property research saying price growth is unsustainable but sales growth could continue.......
. . . . . Sad reality for people needing to rent a home. Over half of Australia's detached housing markets has become unaffordable for tenants as diminishing rental supply fuels large rental price increases in many areas.......
