Australian home prices expected to rise by five per cent by year’s end

Australian home prices are expected to rise by up to five per cent by year's end.

REA Group Senior Economist Eleanor Creagh says the housing market will continue to record a “solid pace” of monthly growth.

Australian home prices expected to rise by five per cent by year’s end

Ms Creagh told Sky News Australia that affordability has “deteriorated” to the lowest level in at least three decades.