For these still clinging to the Australian dream of residence possession, there’s potential for a future period where costs fall or on the very least stabilise, in accordance with Mr Lawless. “And that lack of available provide, against what appears to be quite excessive demand, is what’s pushing prices up,” Mr Lawless said. The central force driving prices larger is overwhelming demand, according to Mr Lawless. A ‘For Sale’ sign is posted on the lawn in front of a home on March 15, 2024, in Miami, Fla. The National Association of Realtors introduced that it had reached a nationwide $418 …