7 Economic factors that will influence Australia’s housing market in 2025, plus more news

For PropertyGuru’s real estate news roundup, here are seven key economic indicators that will influence Australia’s housing market in 2025. In other headlines, Vietnam’s average home loan interest rates may increase slightly from the beginning of this year due to rising capital costs. Lastly, housing sales in India’s eight prime residential markets dipped 26 percent during October-December 2024, while new home launches across India’s top eight housing markets dropped by 33 percent year-on-year.

7 key economic forces influencing Australia’s housing market in 2025

While the housing market is Australia’s largest single asset class, valued at over $11 trillion, it is heavily influenced by broader economic trends. PropTrack takes a look at the seven key economic indicators that will influence Australia’s housing market in 2025: (1) inflation; (2) interest rates; (3) labour market; (4) population growth and migration; (5) mortgage lending; (6) housing construction costs; and (7) new housing supply.

Home loan interest rates in Vietnam to inch up in 2025

Average home loan interest rates may increase slightly from the beginning of this year due to rising capital costs, analysts forecast. However, the home loan interest rates will be still lower than that before the COVID-19 pandemic, thanks to stable mobilisation interest rates and low inflation in 2025. VietnamPlus reports that the low rates will support the growth of the real estate market. Under a 2025 housing real estate industry outlook report released recently, analysts of the Saigon Securities Incorporation (SSI) said the rate rise needed to be seen in the context that residential real estate is expected to grow in 2025, thanks to a positive economic outlook and increased new supply, pushing demand for home loans to rise.

India’s homes sales drop 26 percent in Q4 2024, launches dip 33 percent: Report

Housing sales in India’s eight prime residential markets dipped 26 percent during October-December 2024 compared to the same quarter the year before, according to the latest report by digital real estate transaction & advisory platform PropTiger.com.

The report, titled ‘Real Insight Residential: Annual Roundup 2024 by PropTiger.com,’ said the drop in sales numbers could primarily be attributed to state elections in Maharashtra and Haryana, which make up three of the eight cities covered in the analysis, and to elevated property prices. Housing.com reveals that barring NCR, data show home sales dipped across cities year-on-year (YoY). In Q4 2024 (Oct-Dec), new home launches across India’s top eight housing markets dropped by 33 percent YoY.

The Property Report editors wrote this article. For more information, email: [email protected].