# Australian home values fall for seventh straight month as rates curb demand

https://mins.news/en/item/124427

- The Guardian, 2026-11-01 14:00 UTC
- Economy
- Original: https://www.theguardian.com/australia-news/2026/nov/02/home-values-fall-for-seventh-month-interest-rates-dent-property-demand

> Australian capital-city home values fell 1.4% in October, marking a seventh consecutive monthly decline, with Brisbane and Perth leading losses as the downturn shifts away from Sydney and Melbourne. Cotality says values are down 8.1% since March. Higher rates, affordability pressures and fewer investors are weighing on demand, though most owners retain sizeable gains.