Australian property group Raine & Horne has reported significant growth in key market activities for December, indicating a promising outlook for the autumn selling season.
The company observed a 12% year-over-year increase in property appraisals and a 4.3% rise in new listings, suggesting heightened market activity and seller confidence.
Despite the typically slow pace in December, Raine & Horne experienced an astonishing 89.4% increase in open-for-inspections attendance compared to the same period last year.
This surge highlights the robust buyer interest and active engagement in the property market, setting a positive tone for the upcoming months.
Angus Raine (pictured above), executive chairman of Raine & Horne, commented on the implications of these trends.
“We know that appraisals in winter translate to sales in spring, and the high volume of appraisals we saw in December 2024 points to a very robust property market as we head into late summer/autumn 2025.” Raine said.
“This is further supported by an 89.4% YOY rise in buyers inspecting homes listed for sale through Raine & Horne.”
He also noted the unusual activity for December, emphasising its potential impact on the market's performance in the following season.
“What is especially interesting about these figures is that they reflect a highly active property market in a month that is typically one of the quieter periods on the calendar,” Raine said. “This bodes well for the market for the remainder of summer and into autumn.”
The property market’s strength in the upcoming months may be influenced by key economic decisions, including the Reserve Bank’s forthcoming interest rate adjustment in early February.
High interest rates and stringent lending criteria have posed challenges, but recent inflation figures within target ranges have led Raine & Horne to advocate for a rate cut to facilitate home buying.
As the Australian property market navigates through potential economic disruptions, including the upcoming federal election, the insights from December suggest a continued trend of strong buyer and seller activity.
With strategic adjustments potentially on the horizon from the Reserve Bank, the property landscape looks set to offer new opportunities for buyers and sellers alike in the thriving Australian market.
Last month, Raine & Horne welcomed Chris Nicholl as its new CEO in 2025, enhancing its market presence with his extensive experience in property and technology. And in October, the real estate network forged an exclusive banking partnership with NAB.
