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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...

ABC Australia 9d ago

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...

ABC Australia 6d ago

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.

ABC Australia 7d ago

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.

ABC Australia 4d ago