The Agency's CEO Geoff Lucas said interest rate decision came largely as expected, following last week’s encouraging CPI figure of 4.9 per cent, which followed, 5.6 per cent and an expectation of 5.2 per cent.

9/2 Drummond Street Carlton for sale by Scott McElroy and Lauren McElroy of Belle Property Carlton offers a spacious inner city sanctuary.

In response to ongoing cost of living pressures, award-winning proptech platform The Room Xchange is partnering with innovative comparison service ‘compare & connect,’ to deliver a positive and practical solution for Australian house-sharers to save time, money and hassle when choosing suppliers for household services.    

Despite the slowdown, the national HVI reached a new record high in November.  After falling -7.5% from a peak in April 2022 to a trough in January 2023, housing values have bounced 8.3% higher over the past 10 months, demonstrating a clear ‘V’ shaped recovery.