17/09/2026
Cotality suggests the national market is down 3.6% since its peak in March. Digging deeper, the Sydney market is down 7.1% since its peak. This highlights the classic lag in data between what we are seeing “live” on the ground in the markets we specialise in compared to what the major data houses are reporting. When we released our last quarterly market update in Winter, nearly three months ago, our Sydney team were suggesting the market was already off between 10–12%.
This gap between what is happening live on the ground and what is subsequently reported by the key property data sources will continue to play out. The data provides an important historical reference point, but it can take time for changes in buyer behaviour, vendor expectations and transaction volumes to flow through into the headline numbers.
In our Spring Market Update we have summarised what we are seeing “live” on the ground across our six offices, including where buyer demand is changing, how vendors are responding and what we expect to see over the coming months.
To read our full insights on the Australian Property Market over the past quarter, please click the link in our bio.
