{"id":1185,"date":"2016-03-14T16:21:07","date_gmt":"2016-03-14T03:21:07","guid":{"rendered":"http:\/\/propertynoise.co.nz\/au\/?p=1185"},"modified":"2016-03-14T16:21:07","modified_gmt":"2016-03-14T03:21:07","slug":"median-house-price-falls-for-the-first-time-in-three-years","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/median-house-price-falls-for-the-first-time-in-three-years\/","title":{"rendered":"Median house price falls for the first time in three years"},"content":{"rendered":"<p>After 13\u00a0consecutive quarters of growth, the weighted average median house price for the eight Australian capital cities decreased in the last quarter of 2015, according to the Real Estate of Australia (REIA).<\/p>\n<p>REIA president Neville Sanders says the latest REIA <em>Real Estate Market<\/em>facts publication shows Australia\u2019s housing market recorded the first decrease since the December quarter of 2012.<\/p>\n<p>\u201cThe weighted average, capital city median price decreased by 0.4 per cent to $695,788 for houses and 0.7 per cent to $543,468 for other dwellings,\u201d Neville says.<\/p>\n<p>\u201cStrong growth in Hobart, Canberra and Brisbane, followed by marginal increases in Darwin and Perth, were unable to offset falling median house prices in Sydney and Melbourne while Adelaide recorded no change over the quarter.<\/p>\n<p>READ MORE&#8230;<\/p>\n<p><img decoding=\"async\" class=\"alignnone size-medium wp-image-1184 lazyload\" data-src=\"\/\/www.propertynoise.com.au\/wp-content\/uploads\/2015\/12\/falls.jpg?w=300\" alt=\"FALLS\" width=\"300\" height=\"160\" data-srcset=\"https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2015\/12\/falls.jpg 620w, https:\/\/propertynoise.co.nz\/au\/wp-content\/uploads\/2015\/12\/falls-300x160.jpg 300w\" data-sizes=\"(max-width: 300px) 100vw, 300px\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 300px; --smush-placeholder-aspect-ratio: 300\/160;\" \/><\/p>\n<p>via <a href=\"http:\/\/www.apimagazine.com.au\/2016\/03\/median-house-price-falls-for-the-first-time-in-three-years\/\" target=\"_blank\">API MAGAZINE<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>After 13\u00a0consecutive quarters of growth, the weighted average median house<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/median-house-price-falls-for-the-first-time-in-three-years\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[],"class_list":["entry","author-data123nz","post-1185","post","type-post","status-publish","format-standard","category-australian-property-real-estate-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - 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