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Record-high house prices expected to keep rising

House prices have been predicted to continue rising even after hitting a record-high across all markets in January, as the Australian economy continues its rapid recovery.

Australian suburb
Detached houses are continuing to outperform units across all markets. Photo: Shutterstock (Image source: Shutterstock.com)

House prices have been predicted to continue rising even after hitting a record-high across all markets in January, as the Australian economy continues its rapid recovery.

CoreLogic’s monthly look at house prices showed every capital city and rest-of-state region recorded an increase in median values over the month, with its national index rising by 0.9 per cent.

Darwin was again the best performing capital with a 2.3 per cent rise, followed by…

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