By Kain, Mortgage Broker at Aussie Home Loans Clayfield
Home Prices Are Rising Again – Here’s Why
Just a few months ago, headlines warned of a market downturn. But blink, and you missed it. Home prices are climbing again, and now could be a great time to buy.
I’m Kain, a Mortgage Broker in Clayfield with Aussie Home Loans Clayfield (Brisbane Inner North). Let’s break down what’s happening in the market – and why you might want to act now.
The ‘Downturn’ Was Short-Lived
In early January, CoreLogic reported a small dip in home prices, leading to talk of a market slowdown. But by March, that downturn had already reversed.
So, what changed?
- Interest rate expectations shifted. Buyers gained confidence as predictions of lower rates grew.
- Listings slowed down. Fewer properties on the market increased competition.
- Auction clearance rates improved. More properties sold under the hammer.
With these factors at play, home prices bounced back quickly.
Will Home Prices Keep Rising?
Many experts think so.
- NAB predicts four more rate cuts over the next year.
- Westpac expects home prices to rise 3% in 2025 and 7% in 2026.
- AMP highlights Australia’s housing shortage, which could push prices up further.
While nothing is guaranteed, history shows that waiting too long can mean paying more later.
Should You Buy Now?
Buying a home is a big decision. But waiting for the “perfect” time can be risky.
- Rates are expected to drop. Lower rates could boost borrowing power.
- Prices are rising. The longer you wait, the more you might pay.
- Competition is heating up. More buyers are returning to the market.
If you’ve been thinking about buying, now is the time to explore your options.
Let’s Talk About Your Home Loan
Every buyer’s situation is different. That’s where expert advice helps.
As a Mortgage Broker in Clayfield, Nundah, and Hendra, I can guide you through your options and find a home loan that suits your budget and goals.
📞 Contact Kain at Aussie Home Loans Clayfield today to get started!