# Australian house prices head for historic 10% drop as fourth rate hike looms

https://mins.news/en/item/40526

- The Guardian, 2026-09-01 15:00 UTC
- Economy
- Original: https://www.theguardian.com/australia-news/2026/sep/02/property-house-prices-drop-sydney-melbourne-brisbane-perth-adelaide-interest-rates

> Cotality says house prices are falling in more than 90% of Australian suburbs. Economists expect the Reserve Bank to deliver a fourth interest-rate increase despite a potentially historic property downturn, as inflation remains too high; national values could eventually fall about 10% from their recent peak.

## Related coverage

- [Australia’s home prices extend declines in August as downturn deepens](https://mins.news/en/item/39039) — Reuters, 2026-08-31
