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Why home price growth is slowing

Why home price growth is slowing

Australia’s housing market has started losing momentum, with home price growth slowing to 1.0% in the September quarter.  According to CoreLogic’s latest Home Value Index, this is the lowest rise over a rolling three-month period since March 2023. Monthly growth was...
When will interest rates drop?

When will interest rates drop?

The Reserve Bank of Australia’s (RBA) decision to keep the cash rate unchanged in August was largely anticipated, but expectations of a rate cut later this year are increasingly fading.  The RBA uses the cash rate to keep consumer price inflation (CPI) within its...
Home prices to continue climbing

Home prices to continue climbing

The forecasts for the next 12 months in the property market are out and it seems the price increases are set to continue.  For the 2024-25 financial year, Domain has predicted prices will continue to climb.   National house prices are expected to see up to 6% growth...