FX.co ★ Australian Home Prices See Fastest Monthly Rise in a Year

The CoreLogic Home Value Index in Australia experienced a 0.6% month-over-month increase in June 2025, improving from the 0.5% rise observed in May. This marks the most significant monthly growth since June 2024, propelled by enhanced market sentiment in response to declining interest rates. Perth led the upward trend among major cities with a 0.8% increase, followed by Brisbane at 0.7%, Sydney at 0.6%, and both Adelaide and Melbourne at 0.5%. On an annual basis, national home values rose by 2.7%. Concurrently, the growth rate of national rents continued to decelerate, with a 3.4% increase over the past year, representing the most modest annual growth since early 2021.