Housing Market 2024 Australia Forecast

Housing Market 2024 Australia Forecast. Australia’s housing market has shown signs of recovery in the june quarter, with combined capital house prices rising almost four times faster than the previous quarter. Corelogic’s latest housing data reveals key trends likely to influence residential valuations, particularly as broader economic factors, such as interest rates and inflation,.

Capital city prices were 6.6% higher and regional prices were 2.8% higher. Real estate prices across most of the country will continue to rise in the next financial year, led by sizeable gains in perth, adelaide, brisbane and sydney, a new domain report has forecast.