All eyes on the spring selling season following winter cooldown
National home prices have fallen for a fifth straight month, data from realestate.com.au shows. The spring selling season will be an important test for the market.
For housing, the big question on everyone’s mind is whether the property price gains seen in 2023 will continue in 2024.
While there are many uncertainties, we do see national home prices ending the year higher, though the outlook varies widely between states.
National home prices have fallen for a fifth straight month, data from realestate.com.au shows. The spring selling season will be an important test for the market.
Spring is traditionally a busy time for the property market, but on the back of three interest rate hikes and federal budget tax changes, experts predict investors will take a cautious approach to buying, if they choose to at all. Click to view: