Australian home prices record steepest decline in three-and-a-half years
UNVERIFIED·Primary source · Business Times
National home prices fell 0.4% in June, the largest monthly drop since December 2022.
Sydney and Melbourne led the decline with 1.2% and 1% drops respectively.
Rising borrowing costs and tax changes are cited as primary drivers for the cooling market.
Key Facts
01
01 — What / Thesis
Australian home prices record steepest decline in three-and-a-half years
02
02 — Who / Subject
Cotality
03
03 — Where / Locus
Australia
04
04 — When / Temporality
June 2026
AI Verification Note
This article is generated by cross-referencing multiple sources and official announcements. Parts relying solely on testimony or reporting are reflected in the confidence score; content and assessment are updated as new information is confirmed.
