By Dr. Andrew Wilson, propertyupdate.com.au, April 30, 2025
Key takeaways
- National home prices continued to rise in April, fuelled particularly by lower interest rates, which improved affordability and supported buyer confidence.
- The April increase was the equal highest monthly increase recorded since April 2024 and followed a similarly strong 0.8% result reported over the previous month.
- National house prices have now risen by 4.3% over the past year.
- 2025 will likely continue to produce positive results for housing markets, particularly in the major capitals; fuelled by improved affordability and rising confidence generated by lower interest rates.