Sydney and Melbourne house prices rise tens of thousands of dollars in one month

The nation’s property prices increased at their fastest rate in 30 years over March, with Sydney and Melbourne house values rising tens of thousands of dollars in one month.

Property prices nationally increased 2.8 per cent in March, with Sydney up 3.7 per cent over the month and Melbourne jumping 2.4 per cent, CoreLogic data shows. Over the first three months of the year, Sydney’s dwelling prices rose 6.7 per cent, with Melbourne up 4.9 per cent.

Read more: https://www.smh.com.au/politics/federal/sydney-and-melbourne-house-prices-rise-tens-of-thousands-of-dollars-in-one-month-20210401-p57fs3.html