# House prices fall in every Australian capital for first time in 15 years

https://mins.news/en/item/110228

- The Guardian, 2026-10-21 21:56 UTC
- Economy
- Original: https://www.theguardian.com/australia-news/2026/oct/22/house-prices-fall-sydney-melbourne-perth-brisbane-adelaide-hobart-darwin

> Domain data show house prices fell in every Australian capital city, the first such decline in 15 years and only the second on record. Sydney prices dropped 4.7% in the September quarter to A$1.66m; Melbourne fell for a third consecutive quarter, while Perth, Brisbane and Adelaide recorded their steepest quarterly declines. Economists expect the downturn could continue, with a market bottom in the second half of 2027.