House prices slow or reverse as market cycle winds down

Australia’s property market shows signs of cooling as 2024 ends, offering mixed prospects for homeowners and first-time buyers about house prices. The CoreLogic Home Value Index reveals that national housing values edged up by just 0.1% in November, marking the slowest growth rate since January 2023 and suggesting a plateau in the market’s 22-month upswing. Major cities like Sydney and...