FEAR & GREED | Business News Q+A: Three factors might see house prices skyrocket this spring
Aug 28, 2025
In this discussion, Dr. Nicola Powell, Chief of Research & Economics at Domain, explores the impending spring surge in Australia's housing market. She highlights how recent interest rate cuts and government programs for first-time buyers could ignite a price boom. With rising auction volumes in major cities, consumer confidence is soaring, reflected in a notable increase in property prices. Powell also addresses the urgency for new home constructions to accommodate increasing buyer demand, making this an essential listen for anyone interested in real estate trends.
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Why Spring Drives The Market
- Spring boosts listings because homes present best and sellers want deals done before Christmas.
- The school calendar and long summer break create urgency to settle before year-end.
Spring Boosts Listings And Auctions
- Listings rise about 6% and overall sales increase roughly 8% from winter to spring nationally.
- Auction volumes surge more dramatically, rising about 31% into the spring season.
Clearance Rates Signal Strong Momentum
- Clearance rates have been consistently strong over winter and are near decade highs for June and July.
- Sydney and Melbourne have seen clearance rates in the low 70s, signalling firm auction momentum.