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
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PropTrack Home Price Index – November 2023
Home values have remained resilient to higher interest rates this year, and this continued in November with prices continuing to lift and hitting fresh record highs in many markets, although the pace of growth has slowed due to the increase in properties coming to market.
Earlier this year national home prices reclaimed 2022’s price falls in their entirety, with the upswing continuing in November as national home prices climbed 0.22% month-on-month to set another fresh record, bringing them up 5.53% so far this year and 1.29% above their previous peak recorded in March 2022.
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