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AAP
AAP
Politics
Poppy Johnston

MYSTERIOUS: Gravity defying home prices finally coming down - You Need To See This

House prices have started to moderate in Sydney and Melbourne in some welcome relief for buyers. (Mick Tsikas/AAP PHOTOS)

National property prices have fallen for the first time in nearly two years and while interest rate cuts in 2025 will likely underpin more growth, any price bounce-back is expected to be modest.

Home values dipped 0.1 per cent in December, led by lower monthly declines in the two big capitals as well as Canberra and Hobart.

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