The numbers that drive our future
With 30,000 house hunters checking into open homes across Australia on Saturday - including 70 would-be buyers inspecting a renovated home in Canberra - analysts are seeing a marked uptick in market activity.
Businesses still call our CBDs home as they balance flexible working arrangements with face-to-face contact in the office.
REA Group chief executive Owen Wilson says there are a lot of buyers and sellers of Australian property right now in anticipation of rate cuts.
Housing will remain a key policy battlefield at the election with prices expected to continue increasing and efforts to boost supply lagging behind targets.
Growing expectations of an interest rate cut have boosted market sentiment, according to Ray White.
Money markets are pricing in an 92% probability of an interest rate cut when the Reserve Bank board next meets.
Monthly survey of the largest home builders in the five largest states suggests new home buyers are returning amid expectations of rate cuts this year.
Core inflation fell to 3.2 per cent in the year to December, which is its lowest level since 2021 - putting pressure on the RBA to cut rates.
House prices will rise by 3.3% over the next 12 months and by a stronger 6% in 2026 - with unit prices outpacing houses, according to KPMG.
WA led the national rankings, coming first in five of the eight economic indicators - with QLD moving up from third spot joining South Australia in second place.
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