Aussie house prices dip in December as market awaits rate cut
Declining affordability stalls prices but the housing shortage could soon exert upward pressure.
The Perth market defied the trend, with prices up 19.3% over 2024.
Two years of rising house prices in Australia have come to a halt according to industry analysts CoreLogic, with the firm’s national Home Index Value (HVI) posting a decline of 0.11% in the last two months of 2024.
Australian house prices surged 21.3% in the 21 months to October last year but the
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