The number of auctioned properties in Sydney and Melbourne continues to rise, indicating a high level of market activity. This phenomenon may be related to investors' and buyers' expectations of future price increases. Analysts predict a 10% rise in house prices and anticipate rate cuts in May, which could further stimulate price increases and exacerbate market fervor.

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However, such price increases pose a significant challenge for first-time buyers. High rents and escalating house prices make saving for a down payment increasingly difficult. Moreover, investors' strong interest in the market has intensified market competition, adding more pressure on first-time buyers.

Another issue is the housing shortage. Both Sydney and Melbourne face a shortage of housing supply due to a reduction in the number of housing constructions, which drives up prices and rents, leading to higher living costs for residents.

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However, there are also some positive factors affecting the real estate markets in Sydney and Melbourne. It is reported that the Australian real estate market may benefit from both rate cuts and tax reductions, which could further drive up house prices and create more opportunities for investors and the real estate industry.

Furthermore, data shows that many first-time buyers receive family assistance, reflecting the pressure they face in the home buying process and highlighting the importance of family support in realizing their homeownership dreams.

It is worth noting that the price gap between detached houses and units has reached a historical high, with detached houses appreciating faster than unit prices. This reflects differences in market performance among different types of properties and reminds buyers to consider these factors when choosing investment targets.