The wealth divide between people who own a home and those who do not is likely to reach record levels next year, as property values keep rising faster than household incomes and owners benefit from further interest rate cuts.
Industry analysts and major banks expect home prices to increase by as much as 13 per cent by the end of 2026, and there could be as many as four cash rate cuts by May.
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Sarah Petty covers commercial and residential property markets for The Australian Financial Review, based in the Melbourne newsroom. Email Sarah at sarah.petty@afr.com