The GuardianLean L·
Australian home prices fall as experts predict slump could last a year and cut values by 10%
Buyers abandon auctions and Sydney, Melbourne and Canberra median house prices end May lower than they were at the end of 2025 Get our breaking news email , free app or daily news podcast Home prices in Australia’s capital cities have begun to fall, with experts predicting the decline could last at least a year and wipe as much as 10% from values. The median capital city home price fell in May, the first decline since January 2025, as high interest rates and inflation stretched buyer budgets, C…
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