Australian Housing Market Forecast 2024. This growth brings house prices nationally up 1.48% year to date, with unit prices up 2.00% with the unit market starting 2024 on a slightly stronger footing. Sqm research is forecasting flat to falling home prices for most cities except perth and brisbane in 2024.
A surprisingly strong year for the australian housing market has ended on a weaker. Foreign investment in the australian new housing market increased for the fourth straight quarter to 10.1% (4.1% for established houses), driven by more foreign buyers snapping up properties.