January Market Smart Archives - searchpartyproperty

January Market Smart

February 19, 2023

31st January 2023 – Property Market Update

After slowing over the last couple of months, the rate of decline in the national median dwelling value has increased slightly. The 1.1% loss recorded in December means that the median Australian property price finished the year 5.3% lower than it started it. This is the first annual decline since 2018 and the largest since 2008.