Australian Housing Market Crash 2024. Robust demand for housing and the failure of homebuilders to adequately increase supply has turned australia into one of the world's most expensive housing markets,. Australia’s main housing markets will soften next year even though the reserve bank of australia is likely to hold the benchmark lending rate at 4.35 per cent, economists and.

Robust demand for housing and the failure of homebuilders to adequately increase supply has turned australia into one of the world’s most expensive housing markets,. Property market value reaches $10.4 trillion.