02/06/2026
Recently released Cotality data highlighted a stagnation in national dwelling values with 0% growth in May.
Sydney and Melbourne are leading the downturn, with dwelling values falling by 0.9% and 0.8%. However, Perth and Darwin led the monthly gains at 1.5%.
Read more on the current market trends here: t.ly/mj0IX
Sydney and Melbourne drag national market into reverse as mortgage stress climbs As higher interest rates, affordability pressures and weakening buyer demand bite, fresh data suggests Australia’s stalled housing market is entering a far more fragmented and subdued phase.