Housing growth eases as affordability and rates loom large
May 20, 2025
Cotality National Home Value Index Report
National home values rose 1.0% in November, marking the third consecutive month of strong growth, though the pace is easing from October’s 1.1% gain.
Mid-sized capitals are outperforming, with Perth leading at 2.4% growth, while Sydney and Melbourne lag at 0.5% and 0.3% amid affordability constraints.
Affordability and rate pressures loom, as record-high dwelling value-to-income ratios and expectations of prolonged rate holds signal headwinds for housing sentiment and credit access.
Reference Cotality