Uploaded August 2026 | Updated September 2026, 3 weeks ago
Australia's housing market is experiencing significant declines, with national home values falling 0.9% in the latest month, marking the fifth consecutive monthly decline and a total drop of 3.6% from the March peak. Sydney leads the downturn with values dropping 7.1% below peak levels, while 93% of capital city suburbs are recording declines. Three of the big four banks are predicting another interest rate hike before year's end, heavily impacting buyer sentiment ahead of the spring selling season.
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Australia's housing market is experiencing significant declines, with national home values falling 0.9% in the latest month, marking the fifth consecutive monthly decline and a total drop of 3.6% from the March peak. Sydney leads the downturn with values dropping 7.1% below peak levels, while 93% of capital city suburbs are recording declines. Three of the big four banks are predicting another interest rate hike before year's end, heavily impacting buyer sentiment ahead of the spring selling season.
Subscribe and set 🔔 » 7news.link/YTSubscribe |
For the latest Australian news and breaking news alerts, connect with 7NEWS online:
Visit » https://7news.com.au
7Plus » https://7plus.com.au/
7NEWS Podcast » open.spotify.com/user/dm9fk9hzoe68ibpttheragdgi
Facebook » facebook.com/7NewsAustralia
TikTok » tiktok.com/@7newsaustralia
Instagram » instagram.com/7newsaustralia
X » https://x.com/7NewsAustralia
7NEWS combines the trusted and powerful news brands including Sunrise, The Morning Show, Spotlight and 7NEWS.com.au, delivering unique, engaging and continuous coverage on the issues that matter most to Australians. Watch 7 News Australia full broadcasts and full episodes at 6pm and weekdays at 12pm and 4pm on Channel 7 and 7plus.
#BREAKINGNEWS #7NEWS
