borrowing Archives — Aqua Wealth
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[pullquote-left]House prices across capital cities rose in the three months to June, but it is still cheaper for most Australians to buy a home today than it was a year ago.[/pullquote-left] A national survey of home prices, released on Wednesday, shows the median capital city house price lifted 1.4 per cent in the June quarter, though it remains 3.1 per cent below its level a year ago. Meanwhile, the median price of apartments and other residential dwelling rose 0.4 per cent over the quarter, the Bendigo Bank/Real Estate Institute of Australia Real Estate Market Facts report showed. But those prices were still 0.4 per cent lower for the year. Bendigo and Adelaide Bank executive Dennis Bice said the report suggested the housing market may be gaining momentum. "People have been putting the big decisions, such as up-sizing or downsizing their housing preferences on hold for...