NAB sees 5% slide in eight-capital city home prices this year

Reuters2026/09/03 00:34

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold. Trade now!

A welcome pack worth 6200 USDT for new users! Sign up now!

NAB flagged a deepening housing downturn, with national dwelling prices down 0.9% in August for a fifth straight monthly fall.
Eight-capital city index fell 1.1% month-on-month, now 4.6% below its peak; Sydney down 7.1%, Melbourne down 6.5%.
Mid-sized capitals also weakened; Brisbane 2.7% below peak, Perth 3.2%, Adelaide 1.6%.
Turnover slowed; median days on market rose to 38, the highest since October 2022.
Q2 new housing loan commitments fell 5.2% quarter-on-quarter; investor lending dropped 10.2%, though total commitments stayed up 6.8% year-on-year.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NAB - National Australia Bank Ltd. published the original content used to generate this news brief on September 03, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

Understand the market, then trade.

Bitget offers one-stop trading for cryptocurrencies, stocks, and gold.

Trade now！

NAB sees 5% slide in eight-capital city home prices this year

You may also like

Crypto prices