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House Prices in Australia Grow at Nearly Double the Rate of the US

Australian house prices surged by 10 percent across combined capitals as of Jan. 31.
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House Prices in Australia Grow at Nearly Double the Rate of the US
A general view of residential housing in the suburb of Kirribilli in Sydney, Australia, on May 8, 2021. Lisa Maree Williams/Getty Images
Monica O’Shea
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Australian house prices have risen by 10 percent in a year on average across all capital cities, CoreLogic data shows.

In contrast, data released on Jan. 30 reveal house prices in the United States have jumped half this amount, by 5.1 percent in a year.
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Monica O’Shea
Monica O’Shea
Author
Monica O’Shea is a reporter based in Australia. She previously worked as a reporter for Motley Fool Australia, Daily Mail Australia, and Fairfax Regional Media. She can be reached at monica.o'[email protected]
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