CoreLogic reports a 0.1% increase in national home prices in November, despite downturns in Sydney and Melbourne. The trend suggests a shift towards a buyer's market in 2025, with interest rates expected to remain high until mid-2025.
CoreLogic reported a 0.1% increase in national home prices in November, despite ongoing downturns in Sydney and Melbourne . This growth, which has been sustained for nearly two years, is expected to decline further as interest rates are anticipated to remain high until mid-2025. The mid-sized capitals and mining regions have provided some support for national growth, but the momentum is shifting towards a buyer’s market in 2025.
The slowing trend in property values reflects a decrease in purchasing activity and a rise in available supply
Home Prices Real Estate Corelogic Sydney Melbourne Interest Rates
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