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….
After a remarkable run-up in property values over recent years, Australia’s housing market is showing clear signs of moderation Home prices nationally were flat in May, after a modest decline in April, according to the latest PropTrack data. Home price growth has clearly stalled as the effects of this year’s consecutive rate hikes flow through….
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….
Capital city home prices have generally fallen over May reflecting the impact on affordability and confidence of this year’s three consecutive increases in official interest rates. The national capital city median house price fell by 0.8% over the May quarter to $1,287,476 compared to the April quarter, according to the latest data from My Housing…
Australia’s property market may not be heading for a dramatic downturn, but the latest auction results are a timely reminder that higher interest rates, affordability pressures and shifting buyer sentiment are beginning to reshape market dynamics. According to Domain, auction clearance rates over the past five weeks are at levels not seen since the 2022…
The Federal budget on May 12 changed the rules for property investors in ways that most people are still working through, and Westpac’s economics team has now put some concrete numbers around the likely market impact. If you’ve been wondering how to think about the combination of the tax changes and rising interest rates, I’ll…
A lot has happened in a fortnight, and if you’ve been watching the headlines, you could be forgiven for feeling like the ground has shifted beneath the property market. The RBA had already raised rates three times this year, taking the cash rate back to 4.35% – effectively unwinding every cut made in 2025. Two…
![Adelaide housing market update [video] | June 2026](https://cdn.propertyupdate.com.au/wp-content/uploads/2019/04/adelaide-270x200.jpg)
Adelaide’s housing market is still growing, but the pace of that growth is moderating at a quickening rate. Home values rose 0.5% in May 2026 — the smallest monthly gain recorded since June last year and a clear signal that the city’s exceptional run of momentum is coming off its peak. At its cyclical high…
![Perth housing market update [video] | June 2026](https://cdn.propertyupdate.com.au/wp-content/uploads/2023/03/Perth-city-270x200.jpeg)
The Perth property sector continues to outpace the rest of the country, with Cotality’s latest figures capturing a significant 1.5% jump in dwelling values throughout May. This monthly shift added roughly $15,100 to the local median house value. While the eastern seaboard grapples with compounding economic pressures and falling values, the WA capital maintains its…
![Brisbane housing market update [video] | June 2026](https://cdn.propertyupdate.com.au/wp-content/uploads/2020/01/brisbane-270x200.jpg)
Brisbane’s housing market is still growing, but the pace of that growth is slowing sharply. Home values rose 0.9% in May 2026, a result that would be considered strong in most market environments — but one that represents a significant deceleration from the 2% monthly peak recorded as recently as October last year. The city…
