Western Australian housing market bucks the national new home sales trend

Western Australia and Queensland were the only two states to recorded an uplift in new home sales.

Australian house prices soared to new record highs in November despite the cash rate rise

Home values lifted 0.22% MoM, with the national median now $761,000.

Perth house prices predicted to grow a further 30% over the next few years as it goes through a rapid price growth cycle

The supply-demand imbalance will continue to be a key driver of the market.