ABC News (Australia) avatar
ABC News (Australia)
@abcnewsaustralia
Subscribers2.6M
Views1.5B
Videos111.9K
ABC News (Australia)Published at June 1, 2026 at 06:25 AM5:06
Sydney and Melbourne home values drop as housing market cools in May | ABC NEWS thumbnail

Sydney and Melbourne home values drop as housing market cools in May | ABC NEWS

12 days agoActive window
Australiaabcabc newsnewsProperty prices
Published time
June 1, 2026 at 06:25 AM
Duration
5:06
Video type
News & Politics
Channel region
Australia
Publish Timing Insight
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Monetization Insight
High RPM
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Views
17K
Likes
168
Comments
119
Estimated Daily Revenue
-
Estimated Total Revenue
$16.29 - $95.04
RPM Range
$0.96 - $5.6
1D Views Gain
0
7D Views Gain
0
1D Likes Gain
0
7D Likes Gain
0
1D Comments Gain
0
7D Comments Gain
0
Velocity Score
0%
Topic Cluster
Australia
Video Description
Property prices dipped nearly 1 per cent in Sydney and Melbourne in May, as the national housing market stalled for the first time since January 2025. The latest report by market research firm Cotality shows home values flatlined as clearance rates declined across the country over the month. Cotality's research director Tim Lawless says there is a stalemate in the market, as buyers are reluctant to enter the market in anticipation of further discounts while sellers hold onto stock due to rising interest rates and the government's proposed tax reforms. Subscribe: http://ab.co/1svxLVE Read more here: https://www.abc.net.au/news/2026-06-01/may-cotality-housing-values-stall-australia/106732622 Note: In most cases, our captions are auto-generated. #ABCNEWS #ABCNEWSAustralia #abcnewschannel
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