Whose got the Money?

National prices recovered to reach peak levels from 2022 lows after climbing 0.38 per cent in September and by 4.31 per cent this year, according to PropTrack’s Home Price Index report released on Sunday.

Buyer and seller confidence is on the rise with a significant increase in choice in the major capitals, PropTrack senior economist Eleanor Creagh said.

“Home price growth has been driven by record levels of net overseas migration, tight rental markets and a housing shortage,” she said.

Source: House prices smash records, fully reversing 2022 lows