NAB cuts Australia capital-city house price forecast, sees 8% fall in 2026
Bitget2026/10/07 05:56NAB cut its 2026 forecast for Australia’s eight-capital housing market, penciling in an 8% drop, up from a prior 6% decline. Combined-capital dwelling prices fell 1.2% in September, the sixth straight monthly fall, leaving prices 6.4% below the March peak. Sydney led peak-to-trough declines at 8.6%, followed by Melbourne at 7.2%; September falls were 1.4% and 0.7%. Downturn broadened to units, down 0.8% in September; mid-sized capitals fell 1%-1.5%, with Brisbane 5.4% below peak. Market liquidity weakened as sales volumes slowed; median days on market rose to 41, the highest since late 2020. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NAB - National Australia Bank Ltd. published the original content used to generate this news brief on October 07, 2026, and is solely responsible for the information contained therein.
- NAB cut its 2026 forecast for Australia’s eight-capital housing market, penciling in an 8% drop, up from a prior 6% decline.
- Combined-capital dwelling prices fell 1.2% in September, the sixth straight monthly fall, leaving prices 6.4% below the March peak.
- Sydney led peak-to-trough declines at 8.6%, followed by Melbourne at 7.2%; September falls were 1.4% and 0.7%.
- Downturn broadened to units, down 0.8% in September; mid-sized capitals fell 1%-1.5%, with Brisbane 5.4% below peak.
- Market liquidity weakened as sales volumes slowed; median days on market rose to 41, the highest since late 2020.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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