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AAP

Business

Poppy Johnston

House prices to fall by 3-5pct after flat end to 2023

Tim Lawless CoreLogic Melbourne

The heat is finally coming out of the Australian property market, according to two surveys. (Russell Freeman/AAP PHOTOS)

Heat is coming out of the Australian property market as more homes are listed for sale and affordability challenges bite.

Nationally, home values edged up 0.4 per cent in December and rose 8.1 per cent over the 2023 year, according to property data group CoreLogic.

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We Got This Covered

One subscription that gives you access to news from hundreds of sites

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