Home Prices Higher Again Over October | Latest Housing Market Stats

In today's show, Dr Andrew Wilson discusses the latest housing market statistics for the end of October.
While overall property prices have increased around the nation, the markets have been very fragmented, and there was one particular city that came in with a surprise.
It wasn’t that long ago, at the beginning of this year, 2024, that there were mixed predictions for our housing markets for the year ahead.
Those who forecast a cut in interest rates got it wrong. Those who can forecast a property market downturn due to mortgage stress from high interest rates clearly got it wrong.
Interestingly, looking back at these weekly property insider chats I've had with Dr Andrew Wilson, his forecasts are pretty accurate, and our housing markets have slowly but steadily increased in value but have been very fragmented throughout the year, with some areas significantly outperforming others.
There have now been 20 months of property price growth over the last 21 months.
02:58 Regional Variations in House Prices
06:09 Melbourne's Market Dynamics
08:58 Emerging Trends in Other Capital Cities
11:53 Unit Market Insights
14:55 Government Policies and Their Impact
18:05 Future Outlook for the Housing Market
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