PropTrack forecast Sydney home prices would rise between 1 and 4 per cent during 2025, well short of the near 10 per cent gains recorded in parts of the city in 2024. Report author Cameron Kusher pointed to delayed rate cuts, affordability limits and listings at their highest level in more than a decade. PIPA chair Nicola McDougall said some owners and investors could no longer hold out for cheaper credit.
Reported by
Aidan Devine, realestate.com.au, 18 December 2024
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