Australian Property

Last week, the RBA hiked interest rates for the fifth time this year, taking the official cash rate to an 18-year high of 4.85%.

Shortly after the end of each month Cotality releases their revised house price index data, revealing how much the market has improved or worsened after previous data was adjusted for lagged inputs.

Australian dwelling values are days away from recording their largest decline in more than 40 years of records, according to Cotality’s daily dwelling values index.

Australian dwelling values are days away from recording their largest decline in more than 40 years of records, according to Cotality’s daily dwelling values index.

The Reserve Bank of Australia’s (RBA) preferred inflation measure, trimmed mean inflation, rose from 3.6% to 3.7% in the September quarter, exceeding the RBA’s forecast of 3.5%.

The recent federal budget changes to negative gearing and capital gains tax have sharply reduced investor credit growth. The Reserve Bank of Australia’s (RBA) September credit aggregates data reported monthly investor credit growth of only 0.24%, a sharp contraction from the recent peak of 0.96% in December 2025.

Toward the start of each month, Cotality makes revisions to its housing price index, adjusting it for the developments not previously captured in its data.

Once again, Cotality’s official dwelling value results for November have been heavily downgraded, with values falling far more sharply than its daily dwelling values index suggests.

The bottom has well and truly fallen out of Australia’s auction market, with Cotality’s final clearance rate for last weekend collapsing to only 43.6% nationally, the worst result since late June: Auction volumes were also tracking 42% lower than the same weekend last year.

In the years prior to the pandemic, Victoria came far closer to living up to the slogan which one emblazoned its number plates ‘The Place To Be’, than it does today.

Sydney’s housing correction has reached a new milestone, with dwelling values down 10% from their 6 March 2026 peak, according to Cotality’s daily dwelling values index.

ABC 7.30 Report ran a segment on how Australia’s rental crisis is forcing tenants into group accommodation and other sub-optimal living arrangements to save on costs.

Six months ago, Perth’s housing market looked impervious to a house price correction, with values continuing to grow at a solid pace.

In recent times, One Nation and its leader Pauline Hanson have gained an incredible amount of ground in the polls, rising to often top the polls on primary vote.

Australia’s housing market is facing its largest price correction in living memory.

Over the years, weekend property auction results have become a key barometer the media uses to illustrate the housing market’s strength at a given moment.

In the long history of Australia’s housing prices, intervention to support housing prices from the government or the Reserve Bank has never been far away from the market when prices were falling significantly.

The private credit market, which has grown to around $200 billion in assets, has become a key lender to developers as traditional banks pull back from construction lending due to tightening risk appetites.

In my 15 years covering the housing market at MacroBusiness, I have never seen housing conditions as weak as they are now.

Amid an already challenging environment for the nation’s housing market, the latest figures from Cotality suggest prospective sellers face ever greater competition to sell, even as fewer owners put their properties on the market.

Reserve Bank of Australia (RBA) Deputy Governor Andrew Hauser gave an interview at Citi’s Australia & New Zealand Investment Conference in Sydney on Wednesday.

Two reports suggest Australia’s residential construction market is weakening significantly amid falling prices, rising interest rates, and the federal budget changes to negative gearing and capital gains tax.