This week’s section 8 housing shortage
The cost of buying a house in a section 8 house is increasing.
It costs more to buy a home in a market that is more expensive than it is in a non-market that is cheaper.
It is also more expensive to buy in the market than to buy out in a community that is less expensive.
The report also found that the median home price is up 7.7 per cent over the past 12 months.
The median home value is up 4.7 cent over that time.
The number of properties being rented fell 5.6 per cent last year.
The median price of a house increased from $1.3 million in August to $1 million in December.
The average price was $1,852,300.
The average rent was $816,400.
The rate of change in the median price was up 0.7 percentage points in December, while the rate of increase in the rent was up 1.1 percentage points.
The cost of a home has been falling since last year, the report found.
In 2017-18, the average cost of owning a home was $6,400 and the median cost was $3,900.
But the report said the cost of renting a property was also rising, but not as much as the cost for owning a house.
Rent increases were 1.7 and 2.5 per cent, respectively, last year and in 2016-17.
In 2016-18 there were 6,300 properties with a median value of $1-million.