House prices will pick up in 2025 – even without a February rate cut
Money markets are pricing in an 92% probability of an interest rate cut when the Reserve Bank board next meets.
The numbers that drive our future
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.
Investors might start looking outside of the property market where most of Australia's wealth is held, as returns for another sector outstrip housing.
An economics professor and a regional bank chief have been announced as inaugural appointments to the Reserve Bank of Australia's new interest rate-setting board.
An unseen, pervasive natural disaster is expected to have a growing impact in coming decades, costing billions of dollars each year.
The wait goes on for homeowners sweating on an interest rate cut but the Reserve Bank hints long-awaited mortgage relief is getting closer.
Moves to regional Australia are 80 per cent above the pre-COVID average, according to a new report.