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What will happen to house prices in 2024? | The Business | ABC News

House prices have almost hit a record high across Australia, however there are signs the boom is easing. For much of 2023, the property market defied the odd, despite rising interest rates. We get tips from experts about how, when and where to buy the dream home. In many capital cities, there's just not enough properties up for sale. Finding somewhere to rent is also getting harder with prices are at a record high. In this special summer episode of The Business, we talk to economists, real estate agents and auctioneers about where house prices and rents are going in 2024. The program is presented by Alicia Barry. 00:00 Introduction 01:35 Market 'still hot' 02:17 Auction tips 02:38 How do I use a buyer’s agent? 03:27 The trajectory of the market depends on where you live 07:29 CoreLogic's Eliza Owen's 2024 price predictions 13:30 Tips for prospective buyers 14:42 Will more properties come on the market? 15:01 Why 2024 could be a 'positive year' 15:43 Is there any rental relief in sight? 20:40 Living in a granny flat in your 40s 24:19 Rental crisis tough but 'stabilising' 25:34 Advice for aspiring tenants 26:00 What landlords look for in tenants 26:28 Landlords feeling the rates pinch 26:58 Reasons why there are fewer rental properties 27:35 Outro Subscribe: https://ab.co/3yqPOZ5 Read more here: ABC News In-depth takes you deeper on the big stories, with long-form journalism from Four Corners, Foreign Correspondent, Australian Story, Planet America and more, and explainers from ABC News Video Lab. Watch more ABC News content ad-free on ABC iview: https://ab.co/2OB7Mk1 For more from ABC News, click here: https://ab.co/2kxYCZY Get breaking news and livestreams from our ABC News channel:    / newsonabc   Like ABC News on Facebook:   / abcnews.au   Follow ABC News on Instagram:   / abcnews_au   Follow ABC News on Twitter:   / abcnews   Note: In most cases, our captions are auto-generated. #ABCNewsIndepth #ABCNewsAustralia