Where are property prices forecast to head next?

Australia’s property market downturn could come to an end sooner than expected, experts say, as strong buyer demand and the limited supply of homes for sale curb price declines.

But clouds loom for the economy, and while the property downturn is likely to be milder than previously forecast, experts are divided on which way prices are headed next.

Home values nationally lifted 0.6 per cent last month, the first month-on-month rise since April 2022, CoreLogic figures show, leaving values 4.7 per cent below the market peak.

Read More: https://www.smh.com.au/property/news/where-are-property-prices-forecast-to-head-next-20230419-p5d1k6.html



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