Median house prices in Australia grew 3.1% quarter-over-quarter to A$542,000 in the March quarter, slowing from the 4.8% increase in the preceding quarter, data released by the Australian Property Monitors showed on Thursday.
APM said strong population growth, rising incomes, and falling unemployment were offsetting the impact of the Reserve Bank of Australia's interest rate hikes and were continuing to push up house prices.
On a yearly basis, house prices surged 16.2% in the March quarter - the fastest pace in six years.
This follows a 12.1% increase in the December quarter.
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December 19, 2025 15:10 ET U.S. inflation data and interest rate decisions by major central banks were the highlights of this busy week for economics news flow. Employment data and survey results on the housing markets also gained attention in the U.S. In Europe, the European Central Bank and Bank of England announced their policy decisions and macroeconomic projections.