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Title: PM Realty Reports Positive Outlook for Australian Real Estate Market Amid Economic Adjustments

Australia, 9th Apr 2025- PM Realty, led by Principal Perly Cundasamy, reports a resilient and dynamic Australian real estate market as of April 2025, reflecting adaptability and potential for moderate growth despite ongoing economic challenges. Operating out of Sydney’s thriving real estate market, PM Realty remains committed to offering exceptional service and expert guidance, helping clients navigate the complexities of property management, selling, and investing in real estate.Market Trends and Insights:The Australian property market continues to show signs of stability, with analysts forecasting positive price movements in both the short and medium term. KPMG projects a national increase of 3.3% in house prices and a 4.6% rise in unit prices over the next 12 months. More robust growth is anticipated beyond 2025 as market conditions stabilize further.Westpac economists also expect property prices to grow by 3% in 2025, driven by factors such as economic resilience and easing affordability challenges. The outlook reflects increasing buyer confidence in the wake of recent interest rate adjustments and an evolving economic environment. Investors are increasingly optimistic as affordability begins to stabilize and market conditions improve, contributing to a promising real estate landscape for the coming year.Regional Variations:Regional markets are likely to experience differing growth rates, influenced by local economic conditions and supply- demand dynamics. Perth, for example, is projected to lead in house price growth, with an expected 10.2% increase by the end of 2024, driven by strong demand and limited housing stock. In contrast, larger cities such as Sydney and Melbourne are expected to see more modest, steady price increases.“Despite some headwinds, the Austral...

This press release is issued by King Newswire