{"id":800492,"date":"2026-07-14T03:38:07","date_gmt":"2026-07-14T03:38:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/800492\/"},"modified":"2026-07-14T03:38:07","modified_gmt":"2026-07-14T03:38:07","slug":"falling-house-prices-most-australians-say-bring-it-on-survey-finds","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/800492\/","title":{"rendered":"Falling house prices? Most Australians say bring it on, survey finds"},"content":{"rendered":"<p dir=\"ltr\"><a href=\"https:\/\/www.mpamag.com\/au\/companies\/hsbc\/421623\" rel=\"nofollow noopener\" target=\"_blank\">HSBC<\/a> has also flagged that busier markets, including Brisbane and Perth, are likely to be affected as the downturn broadens, while <a href=\"https:\/\/www.mpamag.com\/au\/companies\/commonwealth-bank\/421613\" rel=\"nofollow noopener\" target=\"_blank\">Commonwealth Bank<\/a> expects <a href=\"https:\/\/www.mpamag.com\/au\/news\/general\/major-bank-predicts-brisbane-sydney-house-prices-to-fall-this-year\/576532\" target=\"_blank\" rel=\"nofollow noopener\">flat national price growth for 2026<\/a>. It cited slowing price growth, falling auction clearance rates, and homes taking longer to sell.<\/p>\n<p dir=\"ltr\">&#8220;Over the past couple of months, we have clearly seen momentum in the housing market slow down,&#8221; said <a href=\"https:\/\/www.mpamag.com\/au\/companies\/cba\/308061\" rel=\"nofollow noopener\" target=\"_blank\">CBA<\/a> senior economist Trent Saunders. &#8220;Price growth has slowed, auction clearance rates have declined and homes are taking longer to sell.&#8221;<\/p>\n<p dir=\"ltr\">Saunders added that while supply, demand and interest rates shape long-term house price trends, sentiment is playing an outsized role in current conditions. &#8220;In the short term, sentiment can be a key driver of housing market activity,&#8221; he said. &#8220;When there&#8217;s uncertainty, buyers and investors often step back, and that can reinforce weaker conditions.&#8221;<\/p>\n<p>The Budget effect<\/p>\n<p dir=\"ltr\">The weakening market has been attributed to a multitude of factors, primarily successive interest rate increases from the <a href=\"https:\/\/www.mpamag.com\/au\/companies\/reserve-bank-of-australia\/545640\" rel=\"nofollow noopener\" target=\"_blank\">Reserve Bank of Australia<\/a> (RBA) and this year&#8217;s federal Budget changes to negative gearing and capital gains tax (CGT).<\/p>\n<p dir=\"ltr\">Negative gearing will be limited to new-build residential properties from 1 July 2027. Investors will no longer be able to offset rental losses against wages or other personal income. Instead, losses can only be claimed against rental income or future capital gains from residential property. Properties already held before Budget night are grandfathered.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"HSBC has also flagged that busier markets, including Brisbane and Perth, are likely to be affected as the&hellip;\n","protected":false},"author":2,"featured_media":800493,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[45,49,48,244844,46,173016,274092],"class_list":["post-800492","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-ca","tag-canada","tag-cgt","tag-economy","tag-house-price","tag-negative-gearing"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/800492","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=800492"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/800492\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/800493"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=800492"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=800492"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=800492"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}