Will house prices drop in 2024?

There is a possibility that house prices could drop in 2024, depending on how the economy performs and how interest rates move. Some economists believe that prices could fall by as much as 5%, while others believe that they could remain flat or even rise slightly. How much will houses cost in Australia in 2025?

Will Melbourne property market grow in 2024?

The Melbourne property market is expected to experience steady growth in 2024, with prices continuing to rise due to strong demand and limited supply. How will home buyers be affected by the Australian property market in 2024?

Will Hobart see the same rate of value growth in 2024?

Per cent change in home value index for all property, houses, and units. Mr Lawless believes we won't see the same rates of value growth in 2024. (ABC News: Liz Pickering) Hobart was one of three capital cities to record a decline in values over November, albeit a small one.

What is the housing boom & bust forecast for 2024?

SQM Research managing director Louis Christopher has made the prediction in his annual Housing Boom and Bust Report, which forecasts the outlook for the year ahead. While his "base case" forecast is for average city prices nationally to move in a range of -1 to +3 per cent in 2024, he expects any gains to be concentrated in just two capitals.