New data shows the price gap between houses and apartments has widened significantly since the start of the pandemic.(ABC News: John Gunn)

In short: CoreLogic data shows the price gap between apartments and standalone houses has widened by 45 per cent since March 2020 and January 2024.

Rising land values, scarcity of houses available for purchase and a desire for more space are keeping prices substantially higher compared to units.

What’s next? Experts say apartments will be in higher demand out of necessity, but could become more expensive unless more are built.

As Australia’s housing market continues its post-pandemic rebound with monthly property price rises, new data shows that the price difference between houses and apartments has increased by a record 45 per cent over the past four years....................................