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Growth in National House Prices Over June Quarter

By Amanda Shannon

In what could be encouraging news for those thinking of listing houses or apartments for sale in the Gold Coast, new information has shown that median house prices have risen nationally.

A new report from Australian Property Monitors (APM) has found that over the June 2013 quarter, house prices grew by 2.8 per cent.

This may indicate that buyer activity is increasing nationally, which is a positive shift for the real estate market after suffering from a price correction phase in 2011.

A good level of growth in median house prices might signal that now is a good time for owners to sell their Gold Coast real estate, as they may get a good return from the sale.

Furthermore, APM senior economist Andrew Wilson has predicted that buyer activity is set to rise over the remainder of 2013.

Dr Wilson has attributed the increase in buyer activity for the year so far to the "lowest interest rates in decades" and better levels of consumer confidence.

If you would like to take advantage of the current market and list your real estate in the Gold Coast for sale, contact one of the experts at Ray White Broadbeach today.

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