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By James Glynn SYDNEY--Home prices growth in Australia slowed in December but the market still recorded a strong 8.1% rise through 2023 despite the jump in cost of living and average mortgage... -January 01, 2024 at 07:24 pm EST - MarketScreener
Suburbs up to 40km south of Adelaide experienced "substantial" price rises in the past two years as buyers sought to invest or rent in an attractive lifestyle region, according to analysts reviewing the past year's real estate performance around the nation.
Home prices in Sydney grew 11.1 per cent in 2023, outpacing the national average, while those in Melbourne lifted 3.5 per cent. But most of that growth occurred in the first six months.
Price trends are unlikely to be straightforward in 2024, even if the RBA’s next move is a rate reduction
Corelogic's latest housing report revealed housing prices continued to rise in 2023 but five of the eight c...