Economic Commentary

3 December 2025

Welcome to Cotality (CoreLogic)’s housing market update for November 2025.

By NAB Group Economics

The pace of growth in Australian home values accelerated last month, with the 1.1% gain in October the fastest since June 2023.  Momentum has been building in the rate of housing value growth since the first rate cut in February, pushing the annual pace of growth to 6.1% nationally.

Monthly gains have been broad-based, with every capital city and rest of state region recording a rise in value, ranging from a 1.9% surge in Perth to a 0.3% rise across Hobart.

State-based housing updates