Market Wrap for Murray and Mallee
The Adelaide property market was subdued in the September quarter. House prices slipped from the record high achieved in the June quarter. Despite this, Adelaide has been a steady long-term performer, making modest annual gains since mid-2013. House prices are now 24 per cent higher than six years ago. Unit prices slid further from the record high achieved earlier this year. New listings across Adelaide increased 18 per cent over October as sellers became more active in the spring selling season.