Property prices plateau as interest rate shock approaches

7 months ago The News Room

Property prices rose nearly 13 per cent in 2025, but December sawan increase of just 0.7 per cent.
Tim Lawless, head of Cotality, predicts interest rates will remain stable or increase as soon as February.
He says that first-home owner subsidies are driving home value growth. At the same time, rents have surged 50 per cent over the past five years, and vacancy rates are nearing record lows.
Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2026-01-02/national-house-price-hit-speed-bump-property-market/106185196

ABC NEWS provides around the clock coverage of news events as they break in Australia and abroad. It’s news when you want it, from Australia’s most trusted news organisation.

For more from ABC NEWS, click here: https://ab.co/2kxYCZY
Watch more ABC NEWS content ad-free on ABC iview: https://ab.co/2OB7Mk1

Go deeper on our ABC NEWS In-depth channel: https://ab.co/2lNeBn2
Like ABC NEWS on Facebook: http://facebook.com/abcnews.au
Follow ABC NEWS on Instagram: http://instagram.com/abcnews_au
Follow ABC NEWS on X (Twitter): http://twitter.com/abcnews

Note: In most cases, our captions are auto-generated.

#ABCNEWS #ABCNEWSAustralia