House prices flatten turning some areas into a buyers' market | The Business | ABC News

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  • Опубликовано: 2 фев 2025
  • House and unit prices grew in regional Australia in January and fell across the combined capital cities. Adelaide recorded the largest jump in value, followed by Darwin, while prices fell the most in Melbourne, Canberra and Sydney.
    Ray White chief economist Nerida Conisbee said across the country the housing market had "slowed down quite dramatically". Analysts say falling interest rates could be the catalyst for home prices in some areas to start rising again. Listings in capital cities have grown 7.7 per cent over the past 12 months.
    CoreLogic's Eliza Owen says the data indicates some cities are looking better for first home buyers. Data from Digital Finance Analytics suggests the 'Bank of Mum and Dad' is still a major source of home deposit cash. Subscribe: ab.co/1svxLVE
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