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House prices fall in four capital cities as Sydney values drop nearly $50,000 this year

The Guardian World Tuesday 30 June 2026, 15:08 UTC By Luca Ittimani 1 min read
Key Points

More than half of homes taken to auction not selling while median property price in Adelaide started to slide in JuneGet our breaking news email, free app or daily news podcastHouse prices are now falling in four capital cities with the Adelaide market beginning to slide in June, while Sydney values have dropped by $48,000 since the start of the year. Data from Cotality, released on Wednesday, showed Sydney and Melbourne recorded their biggest one-month decline in values since August 2022,...

More than half of homes taken to auction not selling while median property price in Adelaide started to slide in June

House prices are now falling in four capital cities with the Adelaide market beginning to slide in June, while Sydney values have dropped by $48,000 since the start of the year.

Data from Cotality, released on Wednesday, showed Sydney and Melbourne recorded their biggest one-month decline in values since August 2022, falling 1.2% and 1% respectively.

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House (ORG) Sydney (LOCATION) Adelaide (LOCATION) JuneGet (LOCATION) Cotality (LOCATION) Melbourne (LOCATION)
Originally published by The Guardian World Read original →

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