Price movements
May 2025 sees house prices growth of 0.7 per cent
Perth continues its extraordinary trajectory toward the million-dollar threshold, while Sydney’s acceleration positions it for a potential two-million-dollar median by late 2026.
Listings activity
Buyer demand continues to outstrip available stock
While May saw a 9.4 per cent increase in listings compared to April, there is a continued limited market supply with 2025 tracking below both 2023 and 2024 levels.
Auction insights
Strengthened auction clearance rates and stable bidder numbers
Despite ongoing supply constraints, the auction market is responding positively to improved financing conditions and demonstrating increasing purchaser confidence.
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