Price growth across the national property market has ground to a halt, with steep falls in Melbourne and Sydney helping first home buyers into the market.

Borrowing power is shrinking faster than house prices, leaving many buyers no closer to owning a home.

Price growth across the national property market has ground to a halt, with steep falls in Melbourne and Sydney helping first home buyers into the market.

Buyers abandon auctions and Sydney, Melbourne and Canberra median house prices end May lower than they were at the end of 2025

Australia's housing market continues to lose momentum, with national home values flatlining in May as higher interest rates, weak confidence and proposed property tax changes…

Accelerating declines in value in the two largest cities have tipped the basket of capital cities negative for the first time since January last year.

Labor’s budget changes are not to blame for the recent dip in property prices. But the changes will help move housing away from investors – and that should be celebrated