Real Estate WeeklyWednesday 23 September 2026Subscribe

This week's lead

All four major banks now predict a September rate hike

Australia's four largest banks have all revised their forecasts to predict the Reserve Bank will lift the cash rate at next week's meeting, reversing earlier expectations of a hold. The shift comes as new data shows household spending has flatlined and consumer confidence has weakened, pointing to a squeeze on borrowing capacity just as spring listings ramp up.

Mortgage Prof. Aus

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MacroBusiness

Sydney dwelling values now down 8pc from March peak

Cotality's daily index shows Sydney home values have fallen 8.0 per cent since peaking in early March 2026, the city's second-largest downturn on record. The current slide is approaching the record 12.9 per cent fall recorded between 2017 and 2019, when APRA lending curbs and bank scandals hit the market hard.

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Mortgage Prof. Aus

Auction volumes climb but clearance rates soften across capitals

Cotality figures show spring auction listings have risen strongly, but the proportion of properties selling under the hammer has cooled, with Melbourne and Sydney softening most. Adelaide and Canberra are bucking the trend, holding up better than the two largest markets as buyer demand diverges by region.

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realestate.com.au

South Australia consults public on short-stay rental register

The SA government has opened public consultation on a proposed register for short-stay accommodation, aiming to curb properties being pulled from the long-term rental pool. Alongside this it is moving to close a stamp duty loophole tied to short-stay operators.

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Real Estate Weekly

Setting up a Google profile that wins you appraisals

Your Google Business Profile is free and decides whether vendors find you. Here is how to set it up properly, and the review habit that does most of the work.

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Last week's poll

Is it a buyers or sellers market in your area this week?

Buyers79%
Sellers11%
Neutral10%

1,122 votes. Have your say this week

The past six weeks

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Five stories on the Australian residential market, every Wednesday morning.