LA Private

June 2023

Home prices up in May for third month as supply shortfall dominates rate hikes… at least for now

Dr Shane Oliver, Head of Investment Strategy & Chief Economist at AMP, discusses home prices. Key points:The Australian home price rebound accelerated in May with national average home prices up 1.2%, their strongest pace since November 2021 and their third rise in a row. They are now up 2.3% from their February low.Sydney continues to

Home prices up in May for third month as supply shortfall dominates rate hikes… at least for now Read More »