Rate cuts won’t stimulate a jump in prices: CoreLogic

The Australian Financial Review
2024-12-02

The next rate cut cycle, which economists are tipping will occur later in 2025 and be shallower than first anticipated, will not drive a significant recovery in house prices as it has done in previous years, warns CoreLogic head of research Tim Lawless.

CoreLogic’s latest national Home Value Index showed an acceleration in price falls in Sydney and Melbourne in November, and the pace of growth easing in the other capital cities.

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