Property prices to fall despite anticipated interest rate cuts | The Business | ABC News [Video]

National house prices are losing steam, with three of the eight capitals recording a fall in values in November, and four capital cities recording falls in the quarter. CoreLogic data shows prices edged up 0.1 per cent nationally in the last month of spring — the weakest Australia-wide result since January 2023. CoreLogic says anticipated interest rate cuts from the Reserve Bank are unlikely to stop falls in house prices in 2025. In a market with more home listings and lower auction clearance rates, some buyers are considering selling their homes without a real estate agent. But there’s warnings from those who’ve tried and failed, to do your research and understand the property market before doing a DIY sale.
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