Housing prices are declining in the Sydney and Melbourne markets, prompting expert analysis of the slump.
14 reports, 12 independent
Updated Aug 18
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New informationRepeats or wire copies
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What happened
Housing prices are declining in the Sydney and Melbourne markets, prompting expert analysis of the slump.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.- Housing prices fell in Melbourne and Sydney, concurrent with Jarden analyst comments on Commonwealth Bank's lending practices.Sub-event
- Buyers in Sydney and Melbourne are facing negative equity, leading experts like Christopher and Saunders to warn of a painful market adjustment.Sub-event
- Melbourne's housing clearance rate soared while Sydney's fell on August 2, 2026.Sub-event
Both Sydney and Melbourne led the dwelling value declines in the Australian housing market.1 source
Sydney recorded the largest monthly decline in asking prices, while Melbourne saw a sharp drop in listings.1 source
Productivity Commission evidence confirms house prices are falling in Sydney and Melbourne.1 source
- Coogee experienced the biggest dollar value fall.Sub-event
- AI use is contributing to a slower market in both Sydney and Melbourne.Sub-event
Show 4 earlier steps
Ana Marinkovic is cited as leading the national housing price pullback in Sydney and Melbourne.1 source
- Patrick Gorman defends the government's role in the Australian housing market amid a noted decline.Sub-event
Housing prices are declining in Sydney and Melbourne markets.1 source
Housing market trends are impacting housing prices in Sydney and Melbourne.1 source
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The entities involved
Related events
- Market decline in Melbourne is affecting national trends, while Brisbane market data contributes to national housing statistics.
- Chief economist advises on market trends as housing prices are experiencing declines in the Melbourne market.
- Ray White has provided analysis indicating that both the Sydney and Melbourne property markets are leading the housing downturn following the budget.
- A housing market correction is broadening across Brisbane, Melbourne, and Sydney, with prices falling more than 1% per month.
- Redman comments on Australian housing trends, noting the housing market downturn in Melbourne and high property interest in both Melbourne and Perth.
Coverage
Newest first; wire copies grouped- theage.com.au
- abc.net.au
- macrobusiness.com.au
- theguardian.com
- brokernews.com.au
- smh.com.au
- brokernews.com.au
- watoday.com.au
- skynews.com.au
- bunburymail.com.au
- businesstimes.com.sg
- examiner.com.au
- theadviser.com.au