Australian Housing Market Cools as Interest Rates Bite
High interest rates and record mortgages caused Sydney and Melbourne house prices to fall 0.4% and 0.5% in January, respectively, impacting unit values and other capital cities while Perth remains strong; however, easing rents offer some relief.
Australian Housing Market Cools as Interest Rates Bite
High interest rates and record mortgages caused Sydney and Melbourne house prices to fall 0.4% and 0.5% in January, respectively, impacting unit values and other capital cities while Perth remains strong; however, easing rents offer some relief.
Progress
36% 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
UK Housing Market Sees Record Seller Increase and Price Jump
Since Boxing Day, a record number of new sellers entered the UK housing market, resulting in a 1.7% average price increase to £366,189 and an 11% rise in sales agreed compared to the previous year, driven by falling interest rates, despite affordability concerns.
UK Housing Market Sees Record Seller Increase and Price Jump
Since Boxing Day, a record number of new sellers entered the UK housing market, resulting in a 1.7% average price increase to £366,189 and an 11% rise in sales agreed compared to the previous year, driven by falling interest rates, despite affordability concerns.
Progress
36% Bias Score
Frankfurt Housing Market Recovers, Prices Rise
Frankfurt's housing market is recovering after a 2023 price decline, with prices rising up to 10 percent in 2024 for existing apartments; the city plans to increase affordable housing by improving funding and developing new building areas.
Frankfurt Housing Market Recovers, Prices Rise
Frankfurt's housing market is recovering after a 2023 price decline, with prices rising up to 10 percent in 2024 for existing apartments; the city plans to increase affordable housing by improving funding and developing new building areas.
Progress
36% Bias Score
Sydney House Prices Fall Amidst High Interest Rates
Sydney house prices fell 0.1 percent in December, marking the first back-to-back quarterly decline in two years due to high interest rates and reduced borrowing capacity; however, unit prices reached a record high.
Sydney House Prices Fall Amidst High Interest Rates
Sydney house prices fell 0.1 percent in December, marking the first back-to-back quarterly decline in two years due to high interest rates and reduced borrowing capacity; however, unit prices reached a record high.
Progress
44% Bias Score
Mosman and Castle Hill Top Sydney's 2024 Property Market
In Sydney's 2024 property market, Mosman (\$1.65 billion) and Castle Hill (\$1.08 billion) topped total sales, outperforming traditional luxury areas due to diverse buyer appeals: Mosman attracted expats while Castle Hill drew upgraders and families seeking value.
Mosman and Castle Hill Top Sydney's 2024 Property Market
In Sydney's 2024 property market, Mosman (\$1.65 billion) and Castle Hill (\$1.08 billion) topped total sales, outperforming traditional luxury areas due to diverse buyer appeals: Mosman attracted expats while Castle Hill drew upgraders and families seeking value.
Progress
44% Bias Score
Record Australian Property Spending in 2024 Exacerbates Housing Crisis
Australians spent a record $714.7 billion on property in 2024, exceeding the previous year by 17.3% and 2020 by 64.2%, despite high interest rates and prices; this highlights ongoing housing unaffordability, driven by strong job markets, population growth, and savings buffers.
Record Australian Property Spending in 2024 Exacerbates Housing Crisis
Australians spent a record $714.7 billion on property in 2024, exceeding the previous year by 17.3% and 2020 by 64.2%, despite high interest rates and prices; this highlights ongoing housing unaffordability, driven by strong job markets, population growth, and savings buffers.
Progress
40% Bias Score
Australia's Housing Shortage Defies Higher Interest Rates in 2024
In 2024, high Australian interest rates failed to curb property price increases due to extremely low housing supply, caused by strong population growth, smaller household sizes, and pandemic-related factors; however, Melbourne saw a price downturn due to increased housing supply.
Australia's Housing Shortage Defies Higher Interest Rates in 2024
In 2024, high Australian interest rates failed to curb property price increases due to extremely low housing supply, caused by strong population growth, smaller household sizes, and pandemic-related factors; however, Melbourne saw a price downturn due to increased housing supply.
Progress
44% Bias Score
UK House Prices Surge, But Record Listings May Temper Growth
UK house asking prices saw a 1.7 percent jump (£5,992) in the month to January 11th, reaching £366,189 on average, the highest January increase since 2020; however, this is still below May 2024's record, and a record number of new properties on the market may slow future price growth.
UK House Prices Surge, But Record Listings May Temper Growth
UK house asking prices saw a 1.7 percent jump (£5,992) in the month to January 11th, reaching £366,189 on average, the highest January increase since 2020; however, this is still below May 2024's record, and a record number of new properties on the market may slow future price growth.
Progress
40% Bias Score
Dilapidated Brisbane House Sells at 2016 Price Point
A severely damaged house in Brisbane's Mitchelton is listed for sale at over \$699,000, a price point last seen in 2016, highlighting the value of its location despite its poor condition.
Dilapidated Brisbane House Sells at 2016 Price Point
A severely damaged house in Brisbane's Mitchelton is listed for sale at over \$699,000, a price point last seen in 2016, highlighting the value of its location despite its poor condition.
Progress
52% 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
German Rents Rise Amid Falling Property Prices, Housing Shortage Persists
German rents rose by four percent in 2024, while purchase prices dropped five percent on average, but remain significantly higher than in 2010; low vacancy rates indicate a persistent housing shortage.
German Rents Rise Amid Falling Property Prices, Housing Shortage Persists
German rents rose by four percent in 2024, while purchase prices dropped five percent on average, but remain significantly higher than in 2010; low vacancy rates indicate a persistent housing shortage.
Progress
36% Bias Score