Articles by Tim Lawless

Adelaide is showing little signs of losing momentum, with housing values rising a further 1.1% in October, the eighth month in a row where values have risen by more than 1% month on month. The latest rise has added approximately $8,540 to the median dwelling value across the city. The local unit market is driving…

Melbourne’s housing market has recorded seven consecutive months of decline, with the market down a further 0.2% in October, taking values 0.8% lower over the rolling quarter, to be down 1.9% over the past 12 months. The unit sector has been more resilient to the downturn, but not immune. Values across the unit sector have…

0.1% fall in Sydney home values was the first monthly decline since January of 2023, following a short but sharp 12.4% drop in values between February 2022 and January of 2023. Weaker conditions have been led by the most expensive areas of the market, with a 0.6% fall in upper quartile house values over the…

Perth home values rose another 1.4% in October, adding approximately $10,790 to the median value of a dwelling. This was the 22nd month in a row where values have increased, and the 18th straight month where values have risen by more than 1%. Although values are consistently rising, there’s growing evidence that conditions are losing…

As we delve into the national housing market trends for November 2024, it’s crucial to understand the broader picture and the regional variations that shape the landscape. The housing market has been experiencing significant shifts, influenced by various economic and social factors. The annual growth trend in the housing market has continued to soften, with…