The Mike Hosking BreakfastThe Mike Hosking Breakfast

Tony Alexander: Independent Property Commentator on the increasing optimism around house prices in the medium term

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Open home attendance is picking up, despite the housing market remaining soft. 

Cotality’s latest Home Value Index shows the national median fell 0.2% in June, slipping 0.9% on last year. 

It's 17.5% below its 2022 peak. 

Independent Property Commentator Tony Alexander told Mike Hosking the market remains fundamentally weak, but we're back from the brink because of events overseas.  

He says a net 27% of agents are seeing fewer people at open homes, down from 51% two months ago. 

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