Global share markets rallied in June 2025, with the ASX 200 and S&P 500 gaining over 2% amidst easing inflation and geopolitical tensions. Australia's property market continued its moderate ascent, with a 0.5% national value increase in May led by strong growth in Brisbane, Adelaide, and Perth. This occurred within an economic context of steady inflation and a 3.85% RBA cash rate, with markets broadly anticipating further cuts to support continued economic growth.