Record Profit for Australian Home Sellers Masks Regional Disparities
Australian home sellers saw a record 95% profit rate in the September quarter, driven by Perth and Brisbane booms, while Sydney and Melbourne showed weakness; loss-making sales fell to a 15-year low of 5%, largely due to unit market improvements.
Record Profit for Australian Home Sellers Masks Regional Disparities
Australian home sellers saw a record 95% profit rate in the September quarter, driven by Perth and Brisbane booms, while Sydney and Melbourne showed weakness; loss-making sales fell to a 15-year low of 5%, largely due to unit market improvements.
Progress
36% Bias Score
Australian House Prices Forecast to Rise 4-6% in 2025
Australian house prices are forecast to rise 4-6% in 2025, led by Perth (8-10%) and Adelaide (7-9%), while Melbourne may see 3-5% growth, according to Domain's report, driven by housing shortages and anticipated interest rate cuts.
Australian House Prices Forecast to Rise 4-6% in 2025
Australian house prices are forecast to rise 4-6% in 2025, led by Perth (8-10%) and Adelaide (7-9%), while Melbourne may see 3-5% growth, according to Domain's report, driven by housing shortages and anticipated interest rate cuts.
Progress
44% Bias Score
Slight dip in Australian home values predicted for early 2025
Australian home values could slightly decrease in early 2025 due to sustained low buyer demand, despite a possible Reserve Bank interest rate reduction; however, the market showed resilience in 2024 with increased home numbers and sales but slowing growth.
Slight dip in Australian home values predicted for early 2025
Australian home values could slightly decrease in early 2025 due to sustained low buyer demand, despite a possible Reserve Bank interest rate reduction; however, the market showed resilience in 2024 with increased home numbers and sales but slowing growth.
Progress
40% Bias Score
UK Housing Market Sees Temporary Dip, but 2025 Rise Predicted
Rightmove's November housing market report reveals a temporary dip in asking prices, but predicts a 4% rise in 2025 due to lower mortgage rates and pent-up demand. The current market shows increased activity compared to last year.
UK Housing Market Sees Temporary Dip, but 2025 Rise Predicted
Rightmove's November housing market report reveals a temporary dip in asking prices, but predicts a 4% rise in 2025 due to lower mortgage rates and pent-up demand. The current market shows increased activity compared to last year.
Progress
40% Bias Score