Australian Housing Market Forecasted For Moderate Growth In 2025
According to Odaily, following a 4.9% increase in Australian house prices in 2024, AMP's Chief Economist Shane Oliver anticipates an average rise of around 3% in 2025. However, he notes that the year's performance will be divided, with weaker conditions in the early months due to high interest rates and rising unemployment. The latter half of the year is expected to improve as lower interest...