proptrack

PropTrack has released new data that revealed the most affordable suburbs to own a home as mortgage repayments climb.

With interest rate rises weighing on prices, a new outlook report is forecasting property price falls of between 7 and 10 per cent nationally.

Inquiries and views in new development listings have outpaced all of properties on sale, PropTrack has found.

National dwelling values in November have seen the smallest monthly decline since June, according to the latest CoreLogic Home Value Index.

National home prices have dropped once again in January, although according to Home Value Index from PropTrack and CoreLogic, declines are easing.

Australian home prices have reversed the downward trend with prices rising after declines eased into the end of 2022.

With home prices reaching record highs in September, PropTrack has revealed the regions that have seen the largest amount of growth.

Housing affordability has declined to its worst level in three decades, PropTrack research has revealed.

People can’t pay the same prices for properties now as borrowing capacities become a bigger problem, a PropTrack executive has explained.

Sellers should aim to sell in November, according to PropTrack, with the month achieving the highest national price difference.

Home prices are to continue climbing as buyer demand remains strong in a high interest rate environment.

New listings rose nationally during the peak of the spring selling season, PropTrack has found.

The home price recovery is expected to continue into 2024, PropTrack has predicted.

National residential property prices are projected to lift further by the end of the year, according to PropTrack’s Market Outlook Report.

Australia’s leading source of property insights, digital valuation solutions and predictive analytics.