Day: October 9, 2020

U.S. Home Prices Up 15%, Largest Growth Since at Least 2005

National median home price hit a new record of $320,625.

Key housing market takeaways for 434 U.S. metro areas during the 4-week period ending October 4:

  • The median home sale price increased 15% year over year to $320,625—the highest on record. The largest increase ever recorded in the Case-Shiller national home price index (which goes back through 1988) was 14.5% in September 2005. In the week ending October 4, home prices were up 16% from the same week a year earlier. Since the four-week period ending July 5, home prices have increased 6.8%. Over that same period in 2018 and
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Bellevue Hill home of banker who masterminded Westpac and St George merger hits market

65 Bulkara Road, Bellevue Hill, has a $13m price guide ahead of a November 7 auction.

The banker who masterminded the merger of Westpac and St George, Ron Malek, and his wife, Michelle, have listed their impressive Bellevue Hill mansion with a $13m price guide.

And the agent that’s selling the three-level six-bedroom, five-bathroom residence at 65 Bulkara Road designed by the respected Sydney architect David Phillips, the Sotheby’s managing director, Michael Pallier, says it’s one of the best family homes he’s ever seen.

“So much thought has gone into the floorplan of this house — it’s just perfection,” Pallier

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