Housing market activity continues ‘strong momentum’

REA Group Senior Economist Eleanor Creagh says housing market activity has continued the “strong momentum” seen during 2023. Ms Creagh said the housing market is expected to continue on a “stronger trajectory”. “The economy is expected to continue slowing over the year ahead,” she told Sky News Australia. “The unemployment rate is also expected to continue picking up a little bit, but overall, the housing market is expected to continue to perform.” She said auction clearance rates are “pretty solid” at the moment. In partnership with realestate.com.au