Latest Housing Market Stats – Lower Rates Drive Home Prices Higher Over April

National home prices have continued to rise over April fueled particularly by lower interest rates improving affordability and supporting buyer confidence.

The national capital city median house price increased by 0.8% to $1,177,737 over the April quarter compared to the March quarter, according to the latest data from My Housing Market.

The April increase was the equal highest monthly increase recorded since April 2024 and followed a similarly strong 0.8% result reported over the previous month. National house prices have now risen by 4.3% over the past year.

Chapters
00:00 Current Trends in the Property Market
05:55 Understanding Housing Data and Methodology
12:09 Future Outlook and Economic Implications