Australian Home Prices Rise at Slower Pace in March
2026-04-01 13:18
By
Joana Ferreira
1 min. read
Australia’s Cotality Home Value Index increased by 0.6% in March 2026, down from a 0.7% rise the previous month.
This slowdown reflects shifting expectations of further interest rate hikes, which have tempered price growth and reduced market activity.
The cooldown was most pronounced in Sydney and Melbourne, where prices dipped by 0.1% and 0.2% respectively, and transaction volumes weakened significantly.
Meanwhile, mid-sized capitals continued to see robust growth, with Brisbane (+1.8%), Adelaide (+1.2%), and Perth (+2.5%) leading the gains.
As the Reserve Bank of Australia (RBA) signals more rate hikes ahead, the housing market faces growing headwinds, making a rebound in price acceleration unlikely in the near term.