This week's lead
RBA rate rise pushes cash rate to 15-year high of 4.60%
The Reserve Bank lifted the cash rate by 25 basis points to 4.60 per cent, its highest level in 15 years, adding roughly $120 a month to typical mortgage repayments. Combined capital city dwelling values have now fallen 5.9 per cent since April, marking one of the steepest downturns in more than four decades.
MacroBusiness
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MacroBusiness
Auction clearance rate slides to 50.3%, weakest in ten weeks
Cotality's preliminary auction clearance rate dropped to 50.3 per cent over the weekend, down from a revised 54.0 per cent the week before, ahead of the RBA's latest rate decision. The softer result points to weakening buyer demand as borrowing costs climb further.
Read the full storyrealestate.com.au
Victoria's new auction reserve law tightens rules for vendors
New auction reserve price laws have come into effect in Victoria this week, changing how agents can set and adjust reserves on sale day. Industry figures warn the rules could limit vendors' flexibility during bidding and complicate negotiation strategy at auction.
Read the full storyMortgage Prof. Aus
Listings climb in Brisbane, Adelaide and Perth as prices ease
Property listings have risen across Brisbane, Adelaide and Perth as softer prices encourage more owners to sell. Average selling times in these cities have stretched by up to two weeks since the start of 2026, giving buyers more choice and more room to negotiate.
Read the full storyrealestate.com.au
77 suburbs record price gains of more than $300,000 in a year
New figures show 77 suburbs nationally posted house price increases exceeding $300,000 over the past twelve months, even as the broader market slows. The results highlight pockets of unusually strong demand bucking the national downturn.
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