Nationally, house asking prices increased by 0.3%, while unit asking prices increased by 0.2%, resulting in a combined increase of 0.3%. Among capital cities, the average asking price rose by 0.7%, with houses increasing by 0.8% and units by 0.3%. Sydney’s market saw house asking prices rising by 1.8% and unit prices increased by 0.9%,…
Australian capital city dwelling prices will commence a recovery in 2023 as a result of a pause in the rise of interest rates we can expect to occur by no later than June 2023. The cash rate is tipped to rise to no higher than 4.00% and from that point, stay on hold for the…
