Home prices hit new peaks across half of the country
Home prices are rising despite higher interest rates and an increase in listings on the market. They are now at their peak in half the regions in our country. Click here to read more
Despite rapidly rising interest rates and strong population growth, a lack of homes coming to market and overall housing shortages led to big increases in both prices and rents across Australia in 2023.Despite many predictions of a catastrophic fall in house prices in 2023, they did in fact move in the opposite direction. Leading the way has been Perth but the combination of strong population growth and a shortage of homes was enough to combat rising interest rates. As interest rates head close to peak, it is expected that price growth will continue.
Home prices are rising despite higher interest rates and an increase in listings on the market. They are now at their peak in half the regions in our country. Click here to read more
The number of vacant rental properties across Australia has increased, improving conditions for renters looking for a home. Click here to read more