Here's how Australian housing market performed last year and what you can expect in 2024
![House prices in Australia tumble](https://images.sbs.com.au/dims4/default/67ee184/2147483647/strip/true/crop/704x396+0+0/resize/1280x720!/quality/90/?url=http%3A%2F%2Fsbs-au-brightspot.s3.amazonaws.com%2Fdrupal%2Fyourlanguage%2Fpublic%2Fpodcast_images%2Fhouse_prices_fall_aap.jpg&imwidth=1280)
Australia's housing demand continues to outpace supply, fuelling a rise in rents and house prices Source: AAP
A surprisingly strong year for the Australian housing market has ended on a weaker note, with performance varied across different regions and cities.
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