Markets, Vanessa Croll, Wed 02 Apr 25
Australia’s housing market reached a record high in March as lower interest rates helped lift prices for a second straight month, but the gains were far from evenly spread.
New data from CoreLogic and PropTrack showed a modest but clear turnaround after values slipped in late 2024, as economists pointed to the Reserve Bank’s February rate cut—its first in four years—as the key driver.