### Housing Prices Continue to Rise in November Australian home prices increased again in November, with notable gains across several major cities. According to data from Cotality, the national property market showed resilience despite the highest levels of unaffordability on record. ### Regional Trends and Capital City Gains Cotality’s latest report revealed that cities such as Sydney, Brisbane, and Perth led the monthly growth. Buyers continued to compete for limited housing stock, pushing up median prices in key urban areas. Rural and regional markets also saw moderate appreciation, although at a slower pace than capitals. ### Market Pressure and Buyer Challenges Experts note that rising borrowing costs and stagnant wage growth have amplified affordability challenges for households. Cotality highlighted that “housing affordability has deteriorated to record lows,” driven by tight supply and strong demand. ### Economic Outlook Despite affordability concerns, demand continues to outstrip supply, keeping upward pressure on prices. Market analysts forecast that home values may remain elevated into early 2026 unless interest rates or construction trends change significantly. > “Housing affordability has deteriorated to record lows,” said Cotality’s chief economist, emphasizing that structural supply issues are preventing price stabilization. ### Summary Record unaffordability has not slowed Australia’s property market, which remains buoyed by strong demand and limited housing supply.

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Reuters on MSN — 2025-11-30