Australian Housing Market Predictions 2024

Australian Housing Market Predictions 2024. Last weekend, sydney’s final clearance rate plunged below 60% for the first time this year (57.6%), down from 65.9% a year ago. Australia’s housing market started the year on a stronger footing compared to 2023, as early indicators show buyers are back in droves, storming open inspections.

Three property experts have made their predictions for what australians can expect from the property market in 2024. The latest proptrack outlook report outlines our forecasts for price growth in the year ahead, and we expect national home prices to climb between 1.0% and 4.0%.