One rate cut kickstarts house price recovery

RESIDENTIAL PROPERTY

Australia’s housing market downturn may have lasted all of three months, with prices rebounding in February as sentiment improved amid anticipation of...

Melbourne broke a run of 10 months of price softening, leading the capital cities for growth alongside Hobart with a 0.4% increase. They helped the latest...

CoreLogic’s research director, Tim Lawless told Australian Property Journal it was his belief that the change in momentum was a function of anticipation of the...

There’s a really close relationship between consumer sentiment and transactional activity in the housing market and I think we’re probably starting to...

Even though the cut looks like it may be enough to keep a floor under price falls and maybe restore some level of growth to the market, we’re certainly not...

The mid-sized capitals of Brisbane, Perth and Adelaide lost their mantle as the strongest growth markets, with modest increases of 0.2% to...

The return to growth across Sydney and Melbourne was driven by the more expensive end of the market...

We did see a lift in lower quartile values as well, but it was mostly the upper quartile where values were showing a turnaround – and that’s also the end of the...

In Melbourne, we saw the downturn starting around most of the affluent markets around the inner east, the bayside, the Mornington Peninsula...

Potentially with borrowing capacity lifting a little bit and buyers maybe seeking out a bargain compared to where the market peaked at back in 2022, it...

It does look like selling conditions might improve and maybe that’s going to be some incentive for people looking to offload their home to get into the marketplace...

Regional values continued to show a stronger growth trend relative to the capitals. They rose 0.4% over the month and 1.0% over the rolling quarter, compared to...

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