Tim is Research Director at Cotality (formerly CoreLogic), analysing real estate markets, demographics and economic trends across Australia. Visit www.corelogic.com.au
Cotality’s national Home Value Index was flat in May, with the housing cycle continuing to weaken across most markets. Beneath the flat national result, Sydney and Melbourne are leading the downturn, with dwelling values falling by 0.9% and 0.8% respectively in May, to be 2.1% and 2.9% below their cyclical highs in November last year….
![Adelaide housing market update [video] | May 2026](https://cdn.propertyupdate.com.au/wp-content/uploads/2019/04/adelaide-270x200.jpg)
The Adelaide property market continues to stand out as a highly resilient performer, with Cotality’s latest index tracking a dwelling value increase of 1.1% in April. This result marks the seventh consecutive month where local values have advanced by more than 1.0%. While southern capitals like Sydney and Melbourne experience outright contractions, the South Australian…
![Perth housing market update [video] | May 2026](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/03/Perth-city-270x200.jpeg)
The Perth property market continues to outpace the rest of the nation, with Cotality’s latest index tracking a substantial dwelling value surge of 2.1% in April. This rapid growth injected approximately $21,280 into the local median home value over a single month. While eastern states face multi-layered headwinds and outright value declines, the Western Australian…
![Brisbane housing market update [video] | May 2026](https://cdn.propertyupdate.com.au/wp-content/uploads/2020/01/brisbane-270x200.jpg)
The Brisbane property market continues to exhibit notable strength, with the latest Cotality data revealing a dwelling value increase of 1.2% in April. This gain injected approximately $13,750 into the local median home value over the month. While the Queensland capital continues to comfortably outperform southern counterparts like Sydney and Melbourne, its broader expansion path…
![Sydney housing market update [video] | May 2026](https://cdn.propertyupdate.com.au/wp-content/uploads/2018/11/sydney4-270x200.jpg)
The Sydney property market is moving through a distinct structural transition, with Cotality’s latest figures showing a dwelling value contraction of 0.6% in April. This decline marks the fourth monthly downturn out of the last five for the harbor city, leaving the local market sitting 1.0% below the peak recorded in November last year. While…
![Melbourne housing market update [video] | May 2026](https://cdn.propertyupdate.com.au/wp-content/uploads/2020/01/melbourne-1-270x200.jpg)
The Melbourne property market continues to face persistent downward pressure, with the latest Cotality data showing a dwelling value dip of 0.6% in April. This extended downturn represents the fifth consecutive monthly decline for the Victorian capital, pulling overall values down a cumulative 1.9% from the November cyclical high and leaving them 2.3% below the…
The national housing market is navigating a distinct cyclical turning point, with Cotality’s National Home Value Index rising by just 0.3% in April, taking the slowest monthly growth recorded since January 2025. While values continue to trend higher on a national level, the pace of appreciation is clearly losing momentum as the housing cycle moves…
Cotality’s national home value index rose 0.3% in April, the slowest pace of growth since January 2025, just ahead of last year’s rate-cutting cycle. The national result was dragged lower by Sydney and Melbourne, where values fell 0.6% over the month. Sydney home values are now 1.0% below their November peak, while Melbourne values are…
Our housing markets are fragmenting. New analysis from Cotality shows that since October last year, properties with an estimated value below the 5% deposit guarantee scheme price caps have recorded stronger growth than higher priced homes. Over the first six months of the expanded scheme, homes with a value under the price caps have increased…
Cotality’s national home value index rose 0.7% in March, taking dwelling values 2.1% higher over the first quarter of the year. At the national level, the pace of gains is easing, reducing from a 2.8% increase in Q4 last year, but housing outcomes are increasingly diverse from city to city and across the pricing spectrum….
