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…
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….
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…
Fresh data from the Australian Bureau of Statistics released today shows the unemployment rate climbed to 4.5% in April, up from 4.3% in March, with employment falling by around 19,000 people in the month. The unemployment rate is now at a level above Federal Treasury and the Reserve Bank’s forecasts, and that’s before the full…
Welcome to the inaugural episode of Market Room Live, where I delve into the complexities of the property market and the recent bombshell federal budget’s impact. This discussion, featuring insights into current trends and future predictions, is essential for anyone interested in navigating the evolving landscape of real estate investment in Australia. Understanding the Federal…
For much of the last two years Australia’s property markets have defied expectations. Despite higher interest rates, affordability pressures, and cost-of-living concerns, property values in many parts of the country continued to push higher as strong population growth, tight rental markets, and limited housing supply kept prices resilient. But the landscape is beginning to change….
