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Australian housing market stalls in May
National home values flatline in May for the first time since January 2025 Mon 1 Jun 2026 at 4:57am In short: Australia's housing market stalled in May, with national home values flat after months of slowing growth. The weakness was led by Sydney and Melbourne, where values fell 0.9 per cent and 0.8 per cent respectively, according to Cotality data. While the Reserve Bank is widely expected to hold interest rates steady at its June 15-16 meeting, buyers remain highly sensitive to any signs...
Home owners told no need for ‘panicking’ amid Sydney property slump
Sydney's falling property prices sign of more to come, real estate agents say Sat 6 Jun 2026 at 8:09am In short: Home values have fallen across Sydney, with buyer confidence low amid interest rate hikes and proposed property tax changes. Real estate agents say buyers have reduced their budgets by up to 15 per cent, and homes are taking longer to sell. Prices are expected to continue to decline, but a market crash remains unlikely.
Why some homeowners like Meg are at risk of slipping into negative equity
Falling house prices bring relief for some while a financial nightmare for others Thu 4 Jun 2026 at 4:50am In short: Some who have recently bought into Australia's property market may have slipped into negative equity and owe the banks more than their homes are worth. A decline in property prices has pulled the government's recently expanded 5 per cent deposit scheme into focus. What's next: The treasurer says he is not worried about those at risk of falling into negative equity, while the...
Sellers are pulling homes off the market at the fastest pace since 2020
More frustrated home sellers were giving up, right in the midst of the all-important spring market, according to new data. Nationwide, 5.8% of all home listings were pulled off the market in April, according to Redfin, a real estate brokerage. That ties with December for the highest share of homes delisted since March 2020, when the pandemic hit and the housing market froze.
Could a 'mansion tax' help the housing crisis?
A 'mansion tax' would likely see affluent Bulimba homeowners pay up, but some of them support it Sat 6 Jun 2026 at 7:00am The concept of a mansion tax — premium property owners paying additional tax — has been rolled out overseas to varying degrees of success. Now, amid some of the most drastic proposed changes to Australia's tax system in decades and years of skyrocketing home values, one leading expert says it is an idea "worth considering".
Australians have become housing hostages. Will the budget set them free?
analysis Australians have become housing hostages. Will the budget set them free? Wed 3 Jun 2026 at 4:50am Australians have been held hostage to the housing market for the better part of this century.
Australian home prices fall as experts predict slump could last a year and cut values by 10%
Buyers abandon auctions and Sydney, Melbourne and Canberra median house prices end May lower than they were at the end of 2025Get our breaking news email, free app or daily news podcastHome prices in Australia’s capital cities have begun to fall, with experts predicting the decline could last at least a year and wipe as much as 10% from values. The median capital city home price fell in May, the first decline since January 2025, as high interest rates and inflation stretched buyer budgets,...