Episode
Housing Market Slows Across Major Cities | Sydney News
- Published
- Jun 30, 2026
- Duration seconds
- 112
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Summary
Housing prices are cooling across major capitals as median values dip in Sydney, Melbourne, Canberra, and now Adelaide — a sharp reversal after months of steady growth. Sydney’s market is hit hardest, with prices falling nearly $48K since January, while Melbourne and Canberra also see declines, though still up year-on-year. Rising interest rates and new investor lending rules are squeezing affordability, leading to more auctions falling through — over half of listings aren’t selling. Homes under $1 million still move, but premium properties are proving harder to sell. Perth and Brisbane are also slowing after strong gains. Experts warn of gradual declines, not a crash, with overall sales down 16% year-over-year. Buyers are gaining leverage, sellers holding firm are losing ground — this is a market to watch closely as we head into the rest of the year. Listen in comfort: Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn Advertise on DNN: [email protected] This is an automated, high-level news summary based on public reporting. Report issues to [email protected]. View sources & latest updates: https://sources.thednn.ai/234e963aaa1126a7