Australian house prices hit new peak as rate cut drives buyer demand



National home prices hit a new peak in March as February’s rate cut reignited buyer demand, according to separate reports from Australia’s leading property analytics companies. Property values increased 0.4% over the month – the second consecutive month of growth in the national index, CoreLogic reported, after a brief three-month decline where values dipped 0.5%. PropTrack’s price index found similar trends, recording price increases over the month in all capital cities, led by Canberra (+0.54%) and Sydney (+0.47%). It flagged the biggest annual price increases in Adelaide (11.32%) and Perth (11.53%), with Melbourne (-2.26%) the only capital city to see a decline on the previous year.

Read more: https://www.theguardian.com/australia-news/2025/apr/01/australian-house-prices-hit-new-peak-for-2025-as-rate-cut-drives-buyer-demand

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