Get all your news in one place.
100's of premium titles.
One app.
Start reading
ABC News
ABC News
Business
business reporter Emilia Terzon

House prices rise for the first time in 11 months in March, while chronic rental shortage continues

Property prices have gone up nationally for first time in 11 months, despite rising interest rates.

CoreLogic data shows the median value of properties sold across the country went up by 0.6 per cent in March.

The property data firm's analyst, Tim Lawless, said the reversal of the housing market's 10-month downturn would have been nearly unforeseeable just three to six months ago.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.