Morgan Stanley Australia
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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...