Agents are cautiously optimistic about housing sales as we enter the new year, but affordability concerns could restrain growth in the rental market.
Rental growth remains strong as we close out 2024, but the outlook is much less clear for sales.
How are the sales and rental markets performing in April 2024?
House price growth appears to be rising after a slow summer, while rental growth may be on the way down.
Housing market activity slowed last month as buyers and sellers awaited the Budget, and rental growth may also be losing momentum.
Rental growth appears to be strong, but house prices had another sluggish month. Could the market pick up now that the election is over?