Australian Home Sellers Shift to Private Sales Amid Market Slowdown
Facing a buyer's market, Australian home sellers are increasingly choosing private treaty sales over auctions, a trend fueled by high interest rates and a surplus of unsold properties, particularly noticeable in Sydney and Melbourne where auction listings have decreased.
Australian Home Sellers Shift to Private Sales Amid Market Slowdown
Facing a buyer's market, Australian home sellers are increasingly choosing private treaty sales over auctions, a trend fueled by high interest rates and a surplus of unsold properties, particularly noticeable in Sydney and Melbourne where auction listings have decreased.
Progress
44% Bias Score
Australia's Housing Market Shifts from Seller's to Buyer's Market
Increased residential listings in Australia, particularly in Sydney and Melbourne (up 50 percent in some areas), coupled with a December 2024 drop in national property values, signal a shift from a seller's to a buyer's market, driven by high interest rates, cost-of-living pressures, and sellers ant...
Australia's Housing Market Shifts from Seller's to Buyer's Market
Increased residential listings in Australia, particularly in Sydney and Melbourne (up 50 percent in some areas), coupled with a December 2024 drop in national property values, signal a shift from a seller's to a buyer's market, driven by high interest rates, cost-of-living pressures, and sellers ant...
Progress
40% Bias Score
Australia's Housing Market Favors Buyers in Early 2025
Australia's property market is predicted to favor buyers in early 2025, with Sydney experiencing a 2.3 percent price increase and Melbourne a 3 percent decrease in 2024 due to higher interest rates and increased supply; experts anticipate rate cuts as the key catalyst for market recovery.
Australia's Housing Market Favors Buyers in Early 2025
Australia's property market is predicted to favor buyers in early 2025, with Sydney experiencing a 2.3 percent price increase and Melbourne a 3 percent decrease in 2024 due to higher interest rates and increased supply; experts anticipate rate cuts as the key catalyst for market recovery.
Progress
44% Bias Score
Sydney Housing Market Sees Listing Surge Amid Softening Prices
Sydney's housing market is experiencing a rise in listings, with total listings in Greater Sydney up 6.7 percent year-on-year and 8.2 percent above the five-year average, driven by softening prices and increased buyer choices, particularly in areas like Sutherland and the eastern suburbs.
Sydney Housing Market Sees Listing Surge Amid Softening Prices
Sydney's housing market is experiencing a rise in listings, with total listings in Greater Sydney up 6.7 percent year-on-year and 8.2 percent above the five-year average, driven by softening prices and increased buyer choices, particularly in areas like Sutherland and the eastern suburbs.
Progress
36% Bias Score
Melbourne's Premium Suburbs See Sharp House Price Drops in 2024
Melbourne's premium suburbs experienced significant house price drops in 2024, creating a buyer's market. Toorak's median price fell 26.4% to $4.2 million, while other areas like South Yarra and Armadale saw double-digit declines, driven by reduced borrowing capacity and increased housing stock. Con...
Melbourne's Premium Suburbs See Sharp House Price Drops in 2024
Melbourne's premium suburbs experienced significant house price drops in 2024, creating a buyer's market. Toorak's median price fell 26.4% to $4.2 million, while other areas like South Yarra and Armadale saw double-digit declines, driven by reduced borrowing capacity and increased housing stock. Con...
Progress
40% Bias Score
UK Housing Market Shifts to Cautious Optimism in 2025
The UK housing market shows cautious optimism in 2025, driven by lower mortgage rates and increased buyer activity, despite upcoming stamp duty changes and potential interest rate hikes; Hamptons forecasts a 3% house price rise nationwide, with London predicted to lead at 4% in Q4 2025.
UK Housing Market Shifts to Cautious Optimism in 2025
The UK housing market shows cautious optimism in 2025, driven by lower mortgage rates and increased buyer activity, despite upcoming stamp duty changes and potential interest rate hikes; Hamptons forecasts a 3% house price rise nationwide, with London predicted to lead at 4% in Q4 2025.
Progress
40% Bias Score