News
Australian house prices hit 'Donut Day"
1+ day, 2+ hour ago (351+ words) After teetering for weeks, Cotality's daily dwelling values index, which tracks home prices across the five major capital city markets, finally hit "donut day' on Sunday. That is, the 5-city aggregate index recorded 0% growth over the past 28 days, as illustrated…...
Is Melbourne housing a 'bargain' or 'fool's gold'?
1+ week, 3+ day ago (366+ words) Stephen Johnson from The Nightly argues that Melbourne housing is at "bargain prices. Why? Because Melbourne is the only major Australian city where house prices have barely risen since 2021 " up just 5. 8% " leaving many suburbs still at "pre'COVID price levels. This…...
Sydney and Melbourne house price corrections steepen
3+ week, 2+ day ago (366+ words) Sydney's and Melbourne's house price corrections continue to accelerate. According to Cotality's daily dwelling values index, home prices in Sydney and Melbourne have declined by 0. 5% over the past 28 days, with the pace of decline steepening. Both cities have recorded their…...
Property downturn accelerates in Sydney and Melbourne
1+ mon, 1+ day ago (345+ words) Last month, Louis Christopher, the founder of the property analytics firm SQM Research, published updated home price forecasts for 2026, presented below. As you can see, SQM Research's base-case forecast for Sydney and Melbourne is that both cities will record dwelling…...
The real reason Sydney and Melbourne house prices are falling
1+ mon, 1+ week ago (365+ words) Sydney's and Melbourne's home prices continue to shift into "correction" territory, with values declining by 0. 2% and 0. 3%, respectively, over the past 28 days, according to Cotality's daily dwelling values index. In contrast, values in Perth (2. 1%), Brisbane (1. 4%), and Adelaide (1. 0%) continue to increase at…...
Soaring listings are hitting Sydney and Melbourne house prices
1+ mon, 2+ week ago (362+ words) Cotality's daily dwelling values index shows that Sydney's and Melbourne's housing markets are now experiencing price corrections, with values experiencing declines over the latest month and quarter: In contrast, the other major capital cities " Brisbane, Perth, and Adelaide " continue to…...
Investors sour on Aussie property market
1+ mon, 2+ week ago (100+ words) Macro Business Investors sour on Aussie property market The threat of rising interest rates, low yields, and the expected unwinding of property tax concessions has led to a sharp decline in investor demand for housing. On Tuesday, the Reserve Bank…...
A house price warning from abroad
1+ mon, 3+ week ago (568+ words) So far, Cotality's daily dwelling values index is holding up amid back-to-back interest rate hikes by the Reserve Bank of Australia (RBA). At the 5-city aggregate level, dwelling values have risen by 0. 6% over the past 28 days, although there is wide…...
Sydney faces heavy house price falls
2+ mon, 1+ week ago (440+ words) Cotality's daily dwelling values index reports that Melbourne home values have declined by 0. 1% over the past 28 days, whereas Sydney's have recorded 0% growth: This week's Westpac-Melbourne Institute consumer sentiment survey for March showed that while consumer house price expectations remain strong,…...
Sydney and Melbourne house prices stall as listings surge
2+ mon, 1+ week ago (373+ words) Australia's major capital city housing markets have been two-speed since the beginning of the COVID-19 pandemic in early 2020. As illustrated below using Prop Track data on dwelling values, home prices across Brisbane, Perth and Adelaide have more than doubled since…...