Australia’s property market demonstrated its underlying strength in July 2025, with national house prices reaching $945,425 and unit prices achieving $699,722.
The Ray White Now monthly report for August 2025 is out now. Deep dive into our data, with a focus on:
The housing downturn is now broadening across cities and price points. How far prices can fall from here depends on a variable that most of the conversation has not caught up with: the cost of building a replacement home. Australia’s housing downturn is now underway. Higher interest rates have reduced borrowing capacity, lifted mortgage repayments … […]
Average open home attendance has nearly halved in a year. The decline was well underway before the Budget and has continued since. Whether it has now found a floor is the question the latest weekly data is starting to answer. Open homes have become noticeably quieter. Across Australia, average attendance fell to 2.1 people per … […]