The Age ·general ·1 hour ago

ANZ and NAB forecast house prices to decline in 2026

ANZ and NAB have revised their house price forecasts downward, predicting declines of 2.1 percent and 2 percent in 2026, respectively. Both banks highlighted a significant decline in investor loan applications, which fell 20 percent within three weeks post-budget. The anticipated drops reflect broader weaknesses in major markets, notably Sydney and Melbourne, with predictions of an 8 percent decline there.

Summary by OZbrief · The Age

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