Domain’s June Quarter 2026 House Price Report shows combined capital city house prices fell 1.4% and unit prices fell 1.2%, marking the first quarterly decline in more than three years.

Chief of research and economics, Dr Nicola Powell, says the June quarter marks a clear turning point.

“Three months of data confirm that higher interest rates, affordability pressures and weaker confidence are changing buyer behaviour and bringing the broad-based growth cycle to an end.”

The shift means buyers now have more choice, less urgency and greater negotiating power than they’ve had in years. This is welcome news for anyone who has been waiting on the sidelines for conditions to ease, particularly in Sydney, Melbourne and Canberra, which all saw price declines.

So if you’ve been holding off, now could be the time to explore your options.

Direct Credit Home Loans’ standard variable home loans offer competitive rates and fast approval times. Generally, we can issue conditional approval within 48 hours of receiving your application and all supporting documents, so you can act fast when you find the right home.

#homeloans #mortgage #housingmarket

If you’re ready to take advantage of improving buying conditions, Direct Credit Home Loans can help you secure the right finance. Contact us on (07) 3726 1124 or email [email protected] to discuss your options.