Growth in Sydney home prices is expected to shift gears next year as exhausted home seekers pull out of the market and more cash strapped homeowners attempt to offload their properties.
New modelling from PropTrack forecast Sydney home prices would inch up 1-4 per cent over 2025 – a marked slowdown from the nearly 10 per cent rise in prices recorded in some city regions this year.
The research group pointed to delays in interest rate cuts and affordability challenges as headwinds for the market that would likely drag buyer demand.
The supply of properties for sale, which was low for much of 2024, is also expected to continue rising, giving home seekers more choice and easing pressure to bid up prices.
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Listings have already been rising for much …