{"id":26311,"date":"2020-07-17T16:25:26","date_gmt":"2020-07-17T04:25:26","guid":{"rendered":"https:\/\/propertynoise.co.nz\/au\/?p=26311"},"modified":"2020-07-17T16:25:26","modified_gmt":"2020-07-17T04:25:26","slug":"house-prices-unlikely-to-rebound-until-2025","status":"publish","type":"post","link":"https:\/\/propertynoise.co.nz\/au\/house-prices-unlikely-to-rebound-until-2025\/","title":{"rendered":"House prices unlikely to rebound until 2025"},"content":{"rendered":"<p><strong>PHOTO: Australian property<\/strong><\/p>\n<p>Australia&#8217;s capital cities were on track to experience the fastest housing market recovery on record until COVID-19 stopped the strong rebound dead in its tracks this year, with median property prices not expected to return to 2017 levels before 2025 at least<b>.<\/b><\/p>\n<p>&nbsp;<\/p>\n<div class=\"entry-featured-img-wrap\"><a class=\"entry-featured-img-link\" href=\"https:\/\/www.propertynoise.co.nz\/john-keys-son-max-snaps-up-1-4m-auckland-villa\/\"><img fetchpriority=\"high\" decoding=\"async\" class=\"attachment-hoot-medium-thumb entry-content-featured-img entry-grid-featured-img wp-post-image jetpack-lazy-image jetpack-lazy-image--handled\" src=\"https:\/\/i0.wp.com\/www.propertynoise.co.nz\/wp-content\/uploads\/2020\/07\/Max-Key.jpg?resize=460%2C270&amp;ssl=1\" sizes=\"(max-width: 460px) 100vw, 460px\" srcset=\"https:\/\/i0.wp.com\/www.propertynoise.co.nz\/wp-content\/uploads\/2020\/07\/Max-Key.jpg?resize=460%2C270&amp;ssl=1 460w, https:\/\/i0.wp.com\/www.propertynoise.co.nz\/wp-content\/uploads\/2020\/07\/Max-Key.jpg?zoom=2&amp;resize=460%2C270&amp;ssl=1 920w\" alt=\"Max Key\" width=\"460\" height=\"270\" data-attachment-id=\"73481\" data-permalink=\"https:\/\/www.propertynoise.co.nz\/john-keys-son-max-snaps-up-1-4m-auckland-villa\/max-key\/\" data-orig-file=\"https:\/\/i0.wp.com\/www.propertynoise.co.nz\/wp-content\/uploads\/2020\/07\/Max-Key.jpg?fit=1120%2C640&amp;ssl=1\" data-orig-size=\"1120,640\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Max Key\" data-image-description=\"\" data-medium-file=\"https:\/\/i0.wp.com\/www.propertynoise.co.nz\/wp-content\/uploads\/2020\/07\/Max-Key.jpg?fit=300%2C171&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/www.propertynoise.co.nz\/wp-content\/uploads\/2020\/07\/Max-Key.jpg?fit=1024%2C585&amp;ssl=1\" data-lazy-loaded=\"1\" \/><\/a><\/div>\n<div class=\"entry-grid-content\">\n<header class=\"entry-header\">\n<h2 class=\"entry-title\"><a href=\"https:\/\/www.propertynoise.co.nz\/john-keys-son-max-snaps-up-1-4m-auckland-villa\/\" rel=\"bookmark\">John Key\u2019s son Max snaps up $1.4m Auckland villa<\/a><\/h2>\n<\/header>\n<\/div>\n<p>&nbsp;<\/p>\n<p>CoreLogic data shows housing values across the combined capital cities surged 10.3 per cent over 10 months from midway through last year, following a 10.2 per cent<strong>\u00a0<\/strong>hit to the market during the 2017-19 downturn. But then the pandemic struck and Australia went into shutdown mode in March.<\/p>\n<div id=\"ig-af03de6d-4c00-33c1-c091-b32d6ae7ee1c\" class=\"infogram-embed\" data-id=\"afrg-150720prop-recovery-1h7z2l3xzkkl2ow\" data-type=\"interactive\" data-processed=\"1\"><iframe data-src=\"https:\/\/e.infogr.am\/afrg-150720prop-recovery-1h7z2l3xzkkl2ow?parent_url=https%3A%2F%2Fwww.afr.com%2Fproperty%2Fcommercial%2Fhouse-prices-unlikely-to-rebound-until-2025-20200715-p55c6r&amp;src=embed#async_embed\" frameborder=\"0\" scrolling=\"no\" allowfullscreen=\"allowfullscreen\" data-mce-fragment=\"1\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" class=\"lazyload\" data-load-mode=\"0\"><\/iframe><\/div>\n<p data-gtm-vis-first-on-screen-7770372_137=\"8534\" data-gtm-vis-total-visible-time-7770372_137=\"3900\" data-gtm-vis-polling-id-7770372_137=\"417\" data-gtm-vis-recent-on-screen-7770372_137=\"60946\">National\u00a0<a href=\"https:\/\/www.afr.com\/link\/follow-20180101-p557mb\">property prices<\/a>\u00a0have fallen for two months in a row.<\/p>\n<p>The fastest housing market rebound remains the period between 1983 and 1984, which followed the early 1980s recession, after which prices recovered by 10.5 per cent over 11 months.<\/p>\n<p>Tim Lawless, CoreLogic&#8217;s head of research, said that despite a few signs the rebound had been slowing towards the end of last year, the market had been on track for the &#8220;most rapid recovery phase that we&#8217;ve seen&#8221;.<\/p>\n<p>READ MORE VIA <a href=\"https:\/\/www.afr.com\/property\/commercial\/house-prices-unlikely-to-rebound-until-2025-20200715-p55c6r\">AFR<\/a><\/p>\n<h3 class=\"widget-title\"><span class=\"accent-typo\">MOST POPULAR<\/span><\/h3>\n<ul class=\"widgets-list-layout no-grav\">\n<li><a class=\"bump-view\" title=\"Sophie Monk buys Central Coast home for $2.3m\" 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pricesnew career in real estate<\/a><\/div>\n<\/li>\n<li><a class=\"bump-view\" title=\"How are real estate agents coping with the crisis?\" href=\"https:\/\/propertynoise.co.nz\/au\/how-are-real-estate-agents-coping-with-the-crisis\/\" data-bump-view=\"tp\"><img decoding=\"async\" class=\"widgets-list-layout-blavatar lazyload\" data-src=\"https:\/\/i2.wp.com\/www.propertynoise.com.au\/wp-content\/uploads\/2016\/08\/chinese.jpg?fit=840%2C485&amp;ssl=1&amp;resize=40%2C40\" alt=\"How are real estate agents coping with the crisis?\" width=\"40\" height=\"40\" data-pin-nopin=\"true\" src=\"data:image\/svg+xml;base64,PHN2ZyB3aWR0aD0iMSIgaGVpZ2h0PSIxIiB4bWxucz0iaHR0cDovL3d3dy53My5vcmcvMjAwMC9zdmciPjwvc3ZnPg==\" style=\"--smush-placeholder-width: 40px; --smush-placeholder-aspect-ratio: 40\/40;\" \/><\/a>\n<div class=\"widgets-list-layout-links\"><a class=\"bump-view\" title=\"How are real estate agents coping with the crisis?\" 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href=\"https:\/\/propertynoise.co.nz\/au\/interested-in-becoming-a-supporter\/\" data-bump-view=\"tp\">Interested in becoming a supporter?<\/a><\/div>\n<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>PHOTO: Australian property Australia&#8217;s capital cities were on track to<span class=\"more-link\"><a href=\"https:\/\/propertynoise.co.nz\/au\/house-prices-unlikely-to-rebound-until-2025\/\">Read More &rarr;<\/a><\/span><\/p>\n","protected":false},"author":1,"featured_media":23218,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[461747081],"tags":[478098512,478098521,478098538,478098892,478100297,478108952,478098566,478098562,478098516,478098542,478098519,478098535,478098522,478107763,478098873,478098579,478098510,478098514,478098511,478098705,478098533,478098509],"class_list":["entry","author-data123nz","post-26311","post","type-post","status-publish","format-standard","has-post-thumbnail","category-australian-property-real-estate-news","tag-australia","tag-australians","tag-brisbane","tag-corelogic","tag-corelogic-data","tag-covid-19","tag-first-home-buyers","tag-foreign-buyers","tag-gold-coast","tag-home-loans","tag-home-ownership","tag-house-prices","tag-interest-rates","tag-median-property-prices","tag-property-investment","tag-property-market","tag-property-news","tag-propertynoise","tag-real-estate","tag-real-estate-agency","tag-real-estate-agent","tag-real-estate-news"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>House prices unlikely to rebound until 2025 - Property News Australia<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/propertynoise.co.nz\/au\/house-prices-unlikely-to-rebound-until-2025\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"House prices unlikely to rebound until 2025 - Property News Australia\" \/>\n<meta property=\"og:description\" content=\"PHOTO: Australian property Australia&#8217;s capital cities were on track toRead More &rarr;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/propertynoise.co.nz\/au\/house-prices-unlikely-to-rebound-until-2025\/\" \/>\n<meta property=\"og:site_name\" content=\"Property News Australia\" 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