Australian home prices fall as experts predict slump could last a year and cut values by 10%

AI Summary

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. Newsiline summarises this report from The Guardian Australia and links readers to the original publisher for the full story.

Key Points

• Original report published by The Guardian Australia.
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• Readers are directed to the publisher for the complete article.

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