Welcome to Ray White Now – November 2024
As the spring selling season progresses, the property market is showing signs of moderation despite increased sales volume. While national property values remain in growth territory, the pace has notably softened, with houses recording a modest 0.2 per cent monthly gain and units edging up by just 0.1 per cent.
Each month, we take a deep dive into our data, with a focus on:
RBA cuts rates 0.25 per cent to 3.6 per cent as inflation sits within target band and unemployment rises to 4.3 per cent. Housing market momentum to strengthen with $750k mortgage saving $155 monthly. The Reserve Bank of Australia has delivered a 0.25 per cent cut to the cash rate … Read more
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: House price movements Listing activity Auction insights We hope this … Read more