National home values rose 1 per cent in November, according to Cotality's monthly index, which was the third straight month of gains above 1 per cent. But the pace of growth did moderate as the prospect of rate cuts faded.

I like the interactive graph because it shows something I’ve been saying for a while, some of the biggest jumps in house prices were during covid when the immigration tap was turned off:

  • Dave.@aussie.zoneEnglish
    2·
    1 day ago

    Some of the biggest jumps in house prices were when interest rates were less than 2 percent and you could get a million bucks from the bank just by asking to see the manager and giving them a firm handshake.