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Property prices stabilising after another boom, with rents still going up | ABC News

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The property market appears to be stabilising in key regions after the latest boom, according to the latest monthly figures, with analysts forecasting that prices will not keep rising as quickly next year. Subscribe: http://ab.co/1svxLVE
Read more here: https://www.abc.net.au/news/2023-12-01/corelogic-house-prices-november-rents-apartments/103171656

Asking rents, which is the price a place is advertised to lease, have now been rising at a national level for 40 months straight, and the biggest gains in most markets over the past year have been for apartments or units.

November marks the first time in six months where CoreLogic's figures show rents have risen at a faster rate than home values.

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