Economy · Impact 2 Notable
Australian home values fall for seventh straight month as mortgage rates rise
Cotality data shows Australian home values dropped for a seventh consecutive month, with capital city prices falling at the fastest pace in 40 years. Brisbane and Perth led October's declines as rising mortgage rates deterred buyers.
- Location
- ≈ Canberra, Australia · Australia live map
- Coordinates
- ≈ 35.28°S 149.13°E
- Reported
- 1 Nov 2026, 14:00 UTC
- Category
- Economy
- Impact
- 2 of 5 · Notable
- Situation
- Australia economy