19/06/2026
RBA holds. Momentum has softened and buyers are becoming more selective.
The RBA has left the cash rate unchanged at 4.35%, but borrowing costs remain high and cost-of-living pressures continue to weigh on household budgets and property markets. The latest data shows national dwelling values were flat in May, with Sydney and Melbourne leading softer conditions while Perth, Brisbane and Adelaide continue to record growth at a slower pace. Across the LJ Ho**er network, we're seeing buyers take longer to make decisions, reassess what they can afford and become more selective. Investor activity has also eased as higher borrowing costs and proposed tax changes weigh on confidence. The market is moderating rather than correcting sharply, with pricing, presentation and location becoming increasingly important for vendors.
