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Property Prices Rise in Perth and Massachusetts, Decline in England

9/23/2025

39 8 Full Breakdown

Summary

Story summary

Perth inner-region prices up 4.7% in the June 2025 quarter to $815,000; three-bedroom rents at $660 per week, stable.
Massachusetts median single-family price up 4.2% to $658,200 in August 2025, while sales volume fell.
England: asking prices fell 0.3% in August to £361,570; rental growth was -2.2%.
County Tipperary, Ireland: three-bed semis fell 1.3% due to landlord exits.

History

Historical Context

The 2008 financial crisis triggered a severe downturn in the U.S. housing market, resulting in a 30% drop in home values and widespread foreclosures. In response, the Federal Reserve initiated quantitative easing, lowering interest rates to near zero. Today, rising prices in regions like Perth and Massachusetts contrast with declines in England and Ireland, highlighting ongoing economic recovery and potential housing market volatility.

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Story summary

Perth inner-region prices up 4.7% in the June 2025 quarter to $815,000; three-bedroom rents at $660 per week, stable.
Massachusetts median single-family price up 4.2% to $658,200 in August 2025, while sales volume fell.
England: asking prices fell 0.3% in August to £361,570; rental growth was -2.2%.
County Tipperary, Ireland: three-bed semis fell 1.3% due to landlord exits.

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