Sluggish Australian House Price Growth Fails to Ease Affordability Crisis
KPMG predicts a 3.3 percent increase in Australian house prices in 2025, with units outpacing houses at 4.6 percent; however, experts warn this is insufficient to address affordability concerns stemming from high interest rates and limited housing supply.
Sluggish Australian House Price Growth Fails to Ease Affordability Crisis
KPMG predicts a 3.3 percent increase in Australian house prices in 2025, with units outpacing houses at 4.6 percent; however, experts warn this is insufficient to address affordability concerns stemming from high interest rates and limited housing supply.
Progress
52% 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 House Prices Rise 3.3% in 2024, Stamp Duty Changes Expected to Boost First-Time Buyers
Halifax reported a 3.3% increase in UK house prices in 2024, reaching an average of £297,166, while Nationwide reported a 4.7% increase to almost £270,000; both exclude cash and buy-to-let purchases. Upcoming stamp duty changes are expected to incentivize first-time buyers, despite affordability cha...
UK House Prices Rise 3.3% in 2024, Stamp Duty Changes Expected to Boost First-Time Buyers
Halifax reported a 3.3% increase in UK house prices in 2024, reaching an average of £297,166, while Nationwide reported a 4.7% increase to almost £270,000; both exclude cash and buy-to-let purchases. Upcoming stamp duty changes are expected to incentivize first-time buyers, despite affordability cha...
Progress
40% Bias Score
UK House Prices: Stoke-on-Trent Surges While London Falls
Halifax data reveals Stoke-on-Trent's 17.2% house price surge to £227,002 in the year to September 2024, contrasting with Huddersfield's 6.6% decline and London boroughs also experiencing price drops, reflecting affordability issues.
UK House Prices: Stoke-on-Trent Surges While London Falls
Halifax data reveals Stoke-on-Trent's 17.2% house price surge to £227,002 in the year to September 2024, contrasting with Huddersfield's 6.6% decline and London boroughs also experiencing price drops, reflecting affordability issues.
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48% Bias Score
UK House Prices Rise 3.4% Annually Despite Recent Regional Falls
UK house prices increased by £10,000 annually to £292,000 by October 2023, driven by lower mortgage rates, but recent price falls in some regions signal a potential slowdown due to rising inflation and interest rates.
UK House Prices Rise 3.4% Annually Despite Recent Regional Falls
UK house prices increased by £10,000 annually to £292,000 by October 2023, driven by lower mortgage rates, but recent price falls in some regions signal a potential slowdown due to rising inflation and interest rates.
Progress
20% Bias Score
Sydney House-Unit Price Gap Hits Record $610,662
Sydney's median house price is almost double the unit price, creating a $610,662 gap impacting affordability for both first-home buyers and upsizers, forcing some to relocate or compromise on location and property type.
Sydney House-Unit Price Gap Hits Record $610,662
Sydney's median house price is almost double the unit price, creating a $610,662 gap impacting affordability for both first-home buyers and upsizers, forcing some to relocate or compromise on location and property type.
Progress
44% Bias Score
Dutch House Prices Rise 11.5% in Q4 2024, but Market Cooling Emerges
Dutch house prices rose 11.5% in Q4 2024, reaching an average of €483,000, driven by lower mortgage rates, higher wages, and increased supply; however, signs of market cooling are emerging, with buyers increasingly negotiating below asking prices.
Dutch House Prices Rise 11.5% in Q4 2024, but Market Cooling Emerges
Dutch house prices rose 11.5% in Q4 2024, reaching an average of €483,000, driven by lower mortgage rates, higher wages, and increased supply; however, signs of market cooling are emerging, with buyers increasingly negotiating below asking prices.
Progress
36% Bias Score
UK House Prices Rise 4.7% in 2024 Despite Affordability Challenges
Nationwide reported a 4.7% rise in UK house prices in 2024, reaching an average of £269,426 by December; however, affordability challenges persist, and upcoming stamp duty and interest rate changes are expected to impact the 2025 market.
UK House Prices Rise 4.7% in 2024 Despite Affordability Challenges
Nationwide reported a 4.7% rise in UK house prices in 2024, reaching an average of £269,426 by December; however, affordability challenges persist, and upcoming stamp duty and interest rate changes are expected to impact the 2025 market.
Progress
40% Bias Score
UK House Prices Show Regional Divide: Booming Outside London, Falling in City Centers
A new report reveals that while UK homeowners saw an average £10,000 increase in property value over the past year, with some areas like Tewkesbury experiencing a 13 percent rise, London areas such as Kensington and Chelsea saw a 20 percent decrease.
UK House Prices Show Regional Divide: Booming Outside London, Falling in City Centers
A new report reveals that while UK homeowners saw an average £10,000 increase in property value over the past year, with some areas like Tewkesbury experiencing a 13 percent rise, London areas such as Kensington and Chelsea saw a 20 percent decrease.
Progress
44% Bias Score
UK House Prices Surge Despite High Interest Rates
UK house prices saw a surprising 3.7% annual growth in November 2024, the fastest rate in almost two years, reaching £268,144 on average despite high interest rates and stretched affordability, driven by a strong labor market and high mortgage approvals.
UK House Prices Surge Despite High Interest Rates
UK house prices saw a surprising 3.7% annual growth in November 2024, the fastest rate in almost two years, reaching £268,144 on average despite high interest rates and stretched affordability, driven by a strong labor market and high mortgage approvals.
Progress
36% Bias Score