National house prices are expected to have risen 9% by the end of 2025, according to a report from Domain.
Apartment prices are also climbing, expected to finish 7% higher.
In a housing market ‘paradox’, the predicted growth would come despite three interest rate cuts within the year.
Domain’s chief of research, Nicola Powell, says an influx of new buyers has surged house prices beyond many Australians’ borrowing power, particularly in capital cities.
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