# #366: Market Update May 2026 – Flat National Growth Masks Big City Moves, Budget Nerves Build & Rents Keep Rising

Page: https://stenobird.com/podcast/the-property-trio-formerly-the-property-planner-buyer-and-professor-1182693/366-market-update-may-2026-flat-national-growth-masks-big-city-moves-budget-nerves-build-rents-keep-rising
Text version: https://stenobird.com/podcast/the-property-trio-formerly-the-property-planner-buyer-and-professor-1182693/366-market-update-may-2026-flat-national-growth-masks-big-city-moves-budget-nerves-build-rents-keep-rising.md
Podcast: [The Property Trio (formerly The Property Planner, Buyer and Professor)](https://stenobird.com/podcast/the-property-trio-formerly-the-property-planner-buyer-and-professor-1182693)
Published: 2026-06-15T08:14:51+00:00
Episode link: https://www.propertytrio.com.au/2026/06/15/ep-366-may-2026-market-update/
Audio file: https://api.spreaker.com/download/episode/72531424/pt_ep_366_mu.mp3
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Duration seconds: 3047

## Resource

May's property market delivered a fascinating mix of results, with Melbourne and Sydney recording price declines while Perth and Darwin continued their remarkable growth. In this month's market update, Cate Bakos and Mike Mortlock unpack the latest data and discuss what's really happening beneath the headlines.They explore the impact of proposed investor tax changes, shifting buyer sentiment, rental growth, housing supply challenges and the implications for investors, homeowners and first-home buyers. The episode also examines listings activity, gross rental yields, interest rate expectations and broader economic indicators influencing property markets around the country. Join The Property Trio as they cut through the noise, analyse the trends and share their insights on what buyers and investors should be watching in the months ahead. The Property Trio is: David Johnston, Mortgage Broker - Managing Director of Property Planning Australia https://propertyplanning.com.au/ Cate Bakos, Buyers Advocate - Managing Director of Cate Bakos Property https://www.catebakos.com.au/ Mike Mortlock, Quantity Surveyor - Managing Director of MCG Quantity Surveyors https://www.mcgqs.com.au/ 📩 Got a question you want answered in a future episode? Send it through https://www.propertytrio.com.au/contact-us/ Shownotes: https://www.propertytrio.com.au/2026/06/15/ep-366-may-2026-market-update/

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