Australiaās property market fractures as Sydney and Melbourne prices begin to fall
House prices dropped in Australiaās two biggest cities in the first three months of this year, new data shows, with the trend potentially set to hit other capitals if unemployment grows.
Sydney home prices fell 0.02 per cent in the March quarter, while Melbourneās drop was greater at 0.06 per cent so far in 2026, according to Cotality data.
Melbourne values were down 0.9 per cent from a November high and Sydney was down 0.4 per cent in that period. ā To know more: https://www.news.com.au/finance/real-estate/australias-property-market-fractures-as-sydney-and-melbourne-prices-begin-to-fall/news-story/baf5e174459eeecc565da103bb9475b7















