House prices rise just 0.1 per cent in weakest result since January 2023, CoreLogic data shows

National home prices are losing momentum and anticipated interest rate cuts are unlikely to stop falls in house prices next year.

New CoreLogic data shows house prices increased 0.1 per cent nationally in the last month of spring — the weakest Australia-wide result since January 2023.

Nationally, prices grew 5.5 per cent over the year and the median value of housing now stands at $812,933.

Know More: https://www.abc.net.au/news/2024-12-02/house-prices-rise-marginally-in-november-corelogic/104664794