Stay Ahead of the Game: Quick 2-Minute Property Market Update

Although interest rates are currently at their highest level since 2012, property values have risen over the past two months, indicating that interest rates are just one of many key factors influencing property trends.
Positive momentum for property markets is being provided by low supply, tight rental conditions, and surging overseas migration.
Yesterday marked the one-year anniversary of the fastest rate-hiking cycle on record. Despite this, CoreLogic data suggests that the housing downturn is over, with the Home Value Index posting two consecutive months of growth, led by Sydney, where home values have risen by 3% over the past three months.