REAL ESTATE – PRICES – AUSTRALIA

Biggest house price fallers since the budget

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Original article by Lucy Slade
The Australian Financial Review – Page: 24 & 26 : 15-Jul-26

Analysis by data provider Cotality shows that house prices in some of the most premium suburbs of Sydney and Melbourne have recorded the biggest falls since the federal government’s budget in May. House prices in Bellevue, which is Sydney’s most expensive suburb, fell by two per cent during May and June; other prestigious suburbs that have record sharp falls in home values include Balmain East, Double Bay and North Bondi. House prices in affluent inner-city and bayside suburbs of Melbourne have also fallen; they include Albert Park, Collingwood, Elwood and Port Melbourne.

CORPORATES
COTALITY

Housing slide to lift ASX, but banks face risk

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Original article by Grace Lagan
The Australian Financial Review – Page: 25 : 7-Jul-26

House prices fell 0.4 per cent nationwide in June, while the benchmark S&P/ASX 200 gained about 0.5 per cent. Historical analysis by Morningstar suggests that the Australian bourse is likely to benefit from the latest housing market weakness. The firm notes that excluding the global financial crisis, there have been five housing market downturns since 1980 that have resulted in dwelling prices falling by at least five per cent; the ASX 200 has in turn gained 7.5 per cent on average during each of these downturns. Looking ahead, Challenger’s chief economist Jonathan Kearns says the nation’s banks are likely to record lower growth in new home loans as an expected rise in the unemployment rate results in increased mortgage arrears.

CORPORATES
STANDARD AND POOR’S ASX 200 INDEX, MORNINGSTAR PTY LTD, CHALLENGER LIMITED – ASX CGF

Price tumbles spread to all capital cities

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Original article by Thomas Henry, Noah Yim
The Australian – Page: 1 & 4 : 7-Jul-26

HSBC Australia’s chief economist Paul Bloxham says the bank’s central forecast is for house prices to fall by up to eight per cent nationally by the end of 2027, including 2-6 per cent next year. He adds that the pace of decline in June suggests that there is downside risk to HSBC’s central forecast, with Cotality’s home value index falling by 0.4 per cent nationally in June. Bloxham warns that official interest rate cuts are likely to be needed to deliver a housing market turnaround, but this is unlikely to occur in the next year. Meanwhile, Westpac’s senior economist Pat Bustamante says the major bank expects a further two interest rate rises in the current monetary policy cycle.

CORPORATES
HSBC AUSTRALIA HOLDINGS PTY LTD, COTALITY, WESTPAC BANKING CORPORATION – ASX WBC

First-home negative equity alarm

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Original article by Noah Yim, Mackenzie Scott
The Australian – Page: 1 & 4 : 1-Jul-26

Property industry data shows that dwelling prices have fallen in nine of the 10 postcodes nationwide that have had the highest uptake of the federal government’s five per cent deposit scheme. The vast majority of these postcodes are in Melbourne, which has recorded the biggest fall in dwelling prices. Tim Lawless from Cotality says that some buyers who used the First Home Buyer Guarantee scheme are likely to experience a short-term period of negative equity; he adds that most of them will not be unduly impacted unless they need to sell their home for some reason.

CORPORATES
COTALITY

Sydney and Melbourne home prices fall

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Original article by Lucy Slade
The Australian Financial Review – Page: 23 : 1-Apr-26

Data from Cotality shows that dwelling prices rose by 2.1 per cent nationallly during the first three months of 2026. The prices of homes in Sydney and Melbourne fell by 0.2 per cent and 0.6 per cent respectively in the March quarter; in contrast, Perth recorded price growth of 7.3 per cent, ahead of Brisbane with 5.1 per cent growth. ANZ Bank economist Madeline Dunk notes that there has been no growth in dwelling prices in Sydney and Melbourne since November; the prospect of further interest rate rises could put further downward pressure on both housing markets.

CORPORATES
COTALITY, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ

Housing prices up: insurers go to war

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Original article by Greg Brown, Jack Quail
The Australian – Page: 1 & 4 : 26-Aug-25

Modelling produced by Lateral Economics suggests that the federal government’s proposed expansion of the home guarantee scheme will adversely affect the first-home buyers it aims to help. The government will allow such people to buy a home with a deposit of just five per cent, and without the need for lenders mortgage insurance. The report, which was produced on behalf of the Insurance Council of Australia, concludes that the policy will result in house prices rising by between 3.5 per cent and 6.6 per cent nationally within its first year. ICA CEO Andrew Hall says house prices will rise by more than the cost of lenders mortgage insurance.

CORPORATES
LATERAL ECONOMICS, INSURANCE COUNCIL OF AUSTRALIA LIMITED

Housing crisis puts even safest seats at risk

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Original article by Ronald Mizen, Nila Sweeney, Tom Rabe
The Australian Financial Review – Page: 4 : 23-Apr-25

Analysis of data from Cotality suggests that the housing affordability crisis could potentially undermine support for the Coalition and Labor in traditionally safe seats at the election on 3 May. The analysis shows that a number of such seats have recorded the biggest decline in housing affordability since the previous federal election in 2022. They include the Labor seats of Watson, Blaxland and Kingsford Smith, and Coalition-held seats such as Banks and Moncrieff. Both major parties have announced new initiatives aimed at helping people to buy their own home.

CORPORATES
COTALITY, AUSTRALIAN LABOR PARTY, LIBERAL PARTY OF AUSTRALIA, NATIONAL PARTY OF AUSTRALIA

Australian house prices hit new peak for 2025 as rate cut drives buyer demand

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Original article by Cait Kelly
The Guardian Australia – Page: Online : 1-Apr-25

Data from CoreLogic Australia shows that house prices rose by 0.4 per cent nationwide in March; it was the second successive month of house price growth, and followed a decline of 0.5 per cent over the three months to December. Tim Lawless from CoreLogic – which is rebranding as Cotality – attributes the "pretty mild turnaround" to improved consumer sentiment in response to the Reserve Bank’s interest rate cut in February. Separate data from PropTrack shows that dwelling prices rose in every capital city in March.

CORPORATES
CORELOGIC AUSTRALIA PTY LTD, PROPTRACK PTY LTD, RESERVE BANK OF AUSTRALIA

Home values fall but rates could save the day

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Original article by Nila Sweeney
The Australian Financial Review – Page: 25 : 11-Dec-24

Data from CoreLogic shows that house prices in Sydney have fallen by 0.4 per cent in the last four weeks, while the Melbourne housing market is down 0.5 per cent. Tim Lawless from CoreLogic expects the residential market to be "subdued" until the Reserve Bank starts reducing the cash rate. ANZ Bank economist Madeline Dunk says the central bank is likely to announce the first rate cut in May, although she adds that February remains a possibility. AMP’s chief economist Shane Oliver in turn says a rate cut in February would put a floor under house prices.

CORPORATES
CORELOGIC AUSTRALIA PTY LTD, RESERVE BANK OF AUSTRALIA, AUSTRALIA AND NEW ZEALAND BANKING GROUP LIMITED – ASX ANZ, AMP LIMITED – ASX AMP

Glut forces home sellers to cut prices

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Original article by Nila Sweeney
The Australian Financial Review – Page: 29 : 4-Dec-24

Data from SQM Research shows that the average asking price for homes in Sydney has fallen by 0.9 per cent in the last month, while asking prices in Melbourne are down 0.7 per cent. SQM Research MD Louis Christopher says the downturn in asking prices began in October, in response to a sharp increase in the volume of properties that are listed for sale. The number of dwellings that have been on the market for more than six months has also risen sharply; BresicWhitney CEO Thomas McGlynn says many of these homes are likely to be withdrawn from sale in coming days and returned to the market in early 2025.

CORPORATES
SQM RESEARCH PTY LTD, BRESIC WHITNEY ESTATE AGENTS PTY LTD