This week's lead
Capital city home values keep falling, Sydney and Melbourne lead declines
Cotality's daily index shows combined capital city dwelling values fell 0.9 per cent in July, with losses in every major capital except Perth. Sydney dropped 1.4 per cent and Melbourne 1.2 per cent over the month, taking the quarterly fall across the five largest cities to 2.0 per cent.
MacroBusiness
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realestate.com.au
RBA sees no widespread mortgage stress ahead of August rate call
The Reserve Bank has told households not to expect relief via a rate cut, saying its data shows no broad signs of mortgage stress despite the cooling market. This lowers the odds of a rate move at the August meeting, keeping borrowing costs steady for now.
Read the full storyMortgage Prof. Aus
Auction clearance rates hit eight-week high on thin listing volumes
Clearance rates climbed to their strongest level in eight weeks, led by Sydney, even as the number of homes going to auction stayed well below last year's levels. The bounce suggests some stabilising demand, though overall activity remains subdued compared to 2025.
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National housing build falls 100,000 homes short of target
Two years into the federal government's 1.2 million homes plan, construction is tracking roughly 100,000 dwellings behind the pace needed to hit the five-year target. Slower completions are adding to affordability pressure as new supply fails to keep up with demand.
Read the full storyMortgage Prof. Aus
Mortgage stress spreads into Sydney's wealthier postcodes
New data shows severe mortgage stress rising fastest in three Sydney postcodes, including Bilgola, which now tops the national list. The trend signals that higher repayments and living costs are affecting affluent borrowers, not just outer suburban households.
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