Housing Market 2024 Australia 2024

Housing Market 2024 Australia 2024. Despite rapidly rising interest rates and strong population growth, a lack of homes coming to market and overall housing shortages led to big increases in both prices and rents across australia in 2023. Get a visual overview of the 2024 australian property outlook with five key charts.

Despite rapidly rising interest rates and strong population growth, a lack of homes coming to market and overall housing shortages led to big increases in both prices and rents across australia in 2023. Housing supply remains depressed across the nation, and home buyers are moving away from the new home market into the established market.