Weekly Market Update – Monday, 10 November 2025

# Weekly Market Update – Monday, 10 November 2025 ### Strength into year-end as listings tighten and confidence holds **At a glance** - Home values edged higher again last week, continuing October’s momentum. - National listings remain roughly **25% below the long-term average**, sustaining competition for quality stock. - Rental vacancy rates hold near record lows — most capitals still around **1.2%**. - The RBA’s decision to hold last week steadied sentiment; funding conditions remain stable heading into the Christmas period. --- ## Market momentum The national dwelling value index continued to rise through early November, supported by constrained supply and resilient buyer demand. Perth and Brisbane remain the strongest markets, while Sydney and Melbourne show modest but positive gains. Regional markets are showing early signs of renewed investor interest after a quiet winter. --- ## Rental conditions Vacancy remains critically low across the combined capitals. Tight rental markets are sustaining yield performance even as purchase prices rise. Inner-metro apartments have absorbed much of the student and migration rebound, with competition for mid-tier rentals still elevated. --- ## Lending & policy The RBA’s **no-change decision on 4 November** gave buyers clarity heading into the end of the year. Fixed-rate lending volumes are slowly increasing, while variable-rate investors remain focused on serviceability and buffers. The next key data point will be **October Lending Indicators (due 12 Nov)**, which will show whether finance approvals are following price momentum. --- ## Strategy notes for investors - **Lean into scarcity.** With listings down and construction costs high, existing properties in undersupplied corridors continue to outperform. - **Focus on rent stability.** Vacancy under 1.5% across most capitals supports reliable yields. - **Watch finance trends.** Lending approvals and credit growth will determine early-2026 activity levels. --- ### The week ahead - **Wed 12 Nov:** ABS Lending Indicators (October) - **Mid-Nov:** SQM Vacancy Rate update - **Late Nov:** Preliminary auction statistics as Cup-week disruptions unwind *Prepared by Firm Foundations Property – Market Intelligence Monday, 10 November 2025.*