📉 Forecasting is a tough gig!!
12 months ago, in early 2024, hardly any economists picked the highest performing Capital City (Perth) or the lowest performing Capital City (Melbourne) for the coming year.
📈 Across the board, data from CoreLogic shows median home values rose 4.9 per cent to $815,000 over 2024. This was down from a gain of 8.1 per cent in 2023.
🏠 Combined capital city home values ended 2024 up 4.5 per cent at $896,000 (after rising 9.3 per cent in 2023) while regional values rose 6 per cent to $658,000.
BUYING IN 2025? One thing is for sure, The tricky bit -->Timing. Markets don’t follow your schedule!
Trying to predict the bottom or top is not advisable, and most who try end up regretting it. Buy when you are ready.
Call/SMS/Email a Truly Finance Broker to discuss or grab a copy of the CoreLogic Pack or AFR Article.
Truly Finance's advice, financial services and property strategies are generally complimentary. We do this for the best interests of our clients and we strive to be the best mortgage brokers!
James Brett. Principal Mortgage Broker ☎️ 0439 591 759
Victor Simone. Principal Mortgage Broker ☎️ 0438 257 888
Andrew O'Brien. Senior Mortgage Broker ☎️ 0451 308 292
Nermalee Bowe. Senior Mortgage Broker ☎️ 0431 274 554
#2024InRearView #TrulyFinance #Finance #Mortgages #HomeLoans #BestMortgageBrokers #MortgageBrokers
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