Australia’s Housing Market Outlook 2023: UDIA WA

In this outlook: Perth remains undervalued, supply less than half demand, and greenfield could pick up the slack

Australia’s high-end regional markets see sharp declines after covid boom

13 of 25 regional areas recorded an increase in house values over the year to January 2023, down from 21 in 2022.

Thousands of affordable Australian homes to be wiped from existence, and rental prices stagnate

Housing affordability balances on a knife edge as rental prices slow but an affordable rental scheme is set to wrap up in 2026, with over 6,000 homes to come off the scheme this year alone

Rental rates stagnate, as quarterly changes near zero per cent

Renting a house in Australia did not get more expensive, but median rents did move up 1%-2% for the latest quarter

House prices plummet as Australians’ borrowing capacity slumps to new lows

The latest price drops beat records set between 2017 and 2019

The return of overseas arrivals impact on the Australian property market

Demand for housing from overseas migrants is expected to be slow, says CoreLogic’s Eliza Owen

How has COVID affected the housing market?

Six major impacts caused by the pandemic, says CoreLogic

92.4% of resale transactions profitable

Australian real estate market remains resilient despite widespread disruptions

Australian housing now worth $9 trillion

More than super, commercial real estate and the ASX combined

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