Cotality data shows median house prices fell in September as interest rates hit borrowing capacity

Cotality data shows median house prices fell in September as interest rates hit borrowing capacity

Cotality data shows median house prices fell in September as interest rates hit borrowing capacity

Cotality data shows median house prices fell in September as interest rates hit borrowing capacity

Cotality data shows median house prices fell in September as interest rates hit borrowing capacity

Cotality data shows median house prices fell in September as interest rates hit borrowing capacity

Regional house prices in Australia have experienced a 0.7% decline in September, according to the Cotality Home Value Index, marking another month of falling values across regional markets. While the downturn is less severe than in capital cities, where prices dropped by 1.2% during the same period, regional markets are no longer immune to the broader market slowdown. The median dwelling value across regional Australia now stands at $758,931, with the regional index down 2.2% from its peak in May, compared to a 6.4% decline in capital cities from their March peak. NSW, Victoria, and Queensland have seen the most significant price drops, particularly in major regional centres such as Illawarra, where values have fallen 5.2% from their April peak, and Newcastle and Lake Macquarie, down 4.1% from an April peak. Despite these declines, regional prices remain stronger than in capital cities, with Sydney's prices down 8.6% from a February peak. Cotality research director Tim Lawless noted that continued population growth in regional areas and relative affordability are key factors keeping regional markets more resilient. He also highlighted that the market slowdown was already underway before recent interest rate hikes, with affordability concerns playing a significant role. Lawless anticipates a cautious approach from the Reserve Bank of Australia (RBA) regarding interest rate cuts, as inflation remains a key focus. The RBA is expected to take time before implementing any rate reductions, given its commitment to returning inflation to target levels. The report suggests that subdued price growth will persist for some time, with no immediate signs of a market recovery. Investor activity is not expected to return to previous levels, and the housing market is likely to remain under pressure due to ongoing affordability challenges and economic conditions. This trend reflects a broader shift in the Australian property market, where regional areas are increasingly becoming more attractive to buyers seeking affordability and growth opportunities, even as prices continue to decline.

Cotality data shows median house prices fell in September as interest rates hit borrowing capacity

Cotality data shows median house prices fell in September as interest rates hit borrowing capacity

Cotality data shows median house prices fell in September as interest rates hit borrowing capacity

Cotality data shows median house prices fell in September as interest rates hit borrowing capacity

Cotality data shows median house prices fell in September as interest rates hit borrowing capacity

Cotality data shows median house prices fell in September as interest rates hit borrowing capacity * Get our breaking news email, free app or daily news podcast Housing prices are falling in almost every suburb in Australia’s biggest cities, with values dropping faster in Brisbane than Sydney as the slowdown intensifies. Prices nationally have fallen 5.2% from their peak in March to where they were a year ago, Cotality data released on Thursday shows. Continue reading...

Stacy Seago was named director of franchise development to support Iron Valley’s growth. Plus, Kelly Robinson moves into VP role at Cotality.

The S&P Cotality Case-Shiller Index reveals an annual 1.9% gain in home prices for July 2026, but inflation continues to challenge affordability.

ABD'de konut fiyatlarındaki yıllık artış temmuzda yüzde 1,9 oldu Ekonomi / ABD'de S&P Cotality Case-Shiller Ulusal Konut Fiyat Endeksi, temmuzda yıll...