While there has been a slight slowdown in the pace of price growth in recent times, the overall trend continues to show an upward trajectory. This situation has sparked concerns and speculations about the future trends in the real estate market.

Low housing supply and strong housing demand have been crucial factors driving the persistent increase in property prices over the past period.

With the acceleration of population growth and urbanization, the demand for housing remains robust, while the supply of housing has not kept pace. Consequently, the imbalance between housing supply and demand has become a major factor contributing to the rise in property prices.

Recent developments may have an impact on future property price trends. For instance, actions such as interest rate hikes by the Reserve Bank of Australia and an increase in spring housing supply could potentially influence the market.

Additionally, factors such as a shortage of skilled labor and materials, high costs, etc., have constrained the development of the housing construction industry, exacerbating the issue of housing shortages and thereby influencing property prices.

Various predictions and viewpoints exist in the market regarding the future trajectory of property prices. Some believe that as the market supply gradually increases, the rate of future price growth will slow down, and there might even be a slight decline.

On the contrary, others hold the view that, with the continued economic recovery and sustained population growth, property prices will maintain a certain upward momentum.

Furthermore, several factors may impact future property prices, such as changes in interest rates and the government's macroeconomic control policies. Some opinions suggest that recent interest rate hikes might affect the creditworthiness of homebuyers, curbing the rapid rise in property prices. However, others argue that rising interest rates could increase the cost of home purchasing, further supporting the upward trend in property prices.