After three consecutive rate hikes, Australia’s largest bank is now saying the RBA is most likely done tightening – and that’s worth paying attention to. CBA economists expect the cash rate to remain on hold for the rest of 2026, following the RBA’s decision in May to lift rates to 4.35%. CBA Head of Australian…
Australia’s housing market is showing clear signs of a turning point, according to Domain’s Market Insights for May, with a surge in listings across capital cities colliding with more cautious buyer behaviour, The shift comes as households continue to navigate cost-of-living pressures and interest rate uncertainty, with early indicators suggesting the balance of power is…
For the past few years, buying property has felt like an uphill battle. Limited stock, fierce competition, rising interest rates, and investor demand have made it difficult for everyday Australians to secure the right home at the right price. But something has changed. Right now, a unique combination of market conditions has created what could…
SQM Research’s Weekly Asking Prices Index for the week ending 26 May 2026 showed prices stalling nationally, with the major capital cities now in monthly decline. Nationally, house asking prices were unchanged over the month, while unit asking prices increased 0.7%. Combined dwelling asking prices rose a marginal 0.1%, leaving prices 10.4% higher year-on-year. However,…
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…
