Loading...
Market
Australian Home Prices to Increase by 10% Year-Over-Year by May 2025?
3
Resolution / Starting Odds
Yes • 50%
No • 50%
Australian Bureau of Statistics or CoreLogic housing data
Story
Australian Home Prices Reach Record Highs in May, Up 8.3%, Sydney at Peak
Jun 2, 2024, 02:10 PM
Australian home prices have reached record highs in May, with Sydney matching its previous peak. The housing market experienced an 8.3% increase compared to the previous year, driven by a supply shortfall and a growing population despite high borrowing costs. One capital city saw a significant spike of 20 per cent over the past year. This marks the largest monthly gain since October, with dwelling prices rising by 0.8% in May.
View original story
Similar markets
Yes • 50%
No • 50%
Less than 10% • 25%
10% to 20% • 25%
20% to 30% • 25%
More than 30% • 25%
Increase • 50%
Decrease • 50%
Increase by more than 20% • 33%
Increase by 10-20% • 33%
Increase by less than 10% • 34%