CoreLogic's January 2025 Home Value Index report reveals a national home value decrease of 0.1% in December, ending a period of strong growth. Annual growth was still positive at 4.9%, but varied significantly across capital cities, with mid-sized cities like Perth and Adelaide leading, while Melbourne and Hobart saw declines. The report also notes a slowdown in rental growth, though it remains above pre-pandemic levels, and analyzes key factors influencing the market in 2025, such as interest rate changes and migration patterns.
You can download the full report here:
https://www.corelogic.com.au/news-research/news/2024/national-home-values-record-first-decline-in-almost-two-years
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