National property prices continue their record breaking run
National home prices lifted to hit a new record in March despite an increase in the number of homes on the market this year, with capital cities outpacing regional areas for price growth.
Homes in Melbourne's outer east, such as the one pictured, are outperforming the rest of the city. (Image source: Shutterstock.com)
Property prices have continued their unbroken run of gains for a 14th consecutive month, mirroring the previous month by rising another 0.6 per cent in March.
Property owners in every capital city except Darwin are wealthier, on paper at least, with the national home value index (HVI) increasing 10.2 per cent since November last year or, in dollar terms, by approximately $71,832.
The smaller capitals of Perth, Adelaide and Brisbane
continue to …
