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Property Prices Accelerate in November | Dr. Andrew Wilson

Property Prices Accelerate in November | Dr. Andrew Wilson

Published 7 months ago
Description

Have you noticed how the Australian property market keeps defying the pessimists? Every time someone says prices have to fall, the market seems to tap them on the shoulder and say, "Not so fast."

Well, the latest November home price report is out, and it paints a very clear picture: Australia's housing markets are still running hot - and in some cities, they're running very hot.

According to the latest data from My Housing Market, national house prices have risen for nine consecutive months, with the November quarter alone delivering another solid 1.3 percent jump.

But averages never tell the full story.

I'm joined today by Dr Andrew Wilson to discuss his November report which doesn't just highlight what's happening now - it hints at what's coming next. And his view is that 2025 could deliver even stronger price growth than 2023 and 2024.

Takeaways

· 2025 is shaping up to be a strong year for property investors.

· Despite affordability challenges, the housing market continues to thrive.

· First home buyer schemes are expected to significantly impact the market.

· Brisbane has seen substantial price increases, outperforming other regions.

· The national home price has shown consistent growth across capital cities.

· Imposter syndrome is common among successful investors and entrepreneurs.

· Strategic investment is crucial in navigating the property market.

· Market predictions can often be misleading; long-term fundamentals matter.

· The unit market is experiencing a resurgence, particularly in Melbourne.

· 2026 is expected to bring steady growth, but not as strong as 2025.

Chapters

00:00 Prices rise for the ninth

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