The Guardian
UK · 1 hrs ago
✦ 72◉ Centre
Australian home prices fall as experts predict slump could last a year and cut values by 10%
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Quality 72/100
Partisan intensity 35/100
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◉ Centre ✓ Fair headline
Australian home prices have declined in May for the first time since January 2025, with experts forecasting a year-long slump that could reduce values by up to 10% amid high interest rates and inflation pressuring buyers.
Australian home prices fall as experts predict slump could last a year and cut values by 10%
Buyers abandon auctions and Sydney, Melbourne and Canberra median house prices end May lower than they were at the end of 2025
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Home prices in Australia’s capital cities have begun to fall, with experts predicting the decline could last at least a year and wipe as much as 10% from values.
The median capital city home price fell in May, the first decline since January 2025, as high interest rates and inflation stretched buyer budgets, C
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