04/05/2026
Is the market changing, or just recalibrating?
April shows momentum easing, but this is a shift in pace, not a loss of opportunity.
What you need to know:
👉 House prices still increased by+0.4% in April, with apartments up +0.3%, proving growth hasn’t disappeared, it’s just more measured.
👉Smaller cities like Perth, Brisbane and Adelaide continue to perform, with strong annual growth still holding.
👉Sydney and Melbourne have softened slightly, with prices declining as buyer activity eases and listings increase.
👉More listings and lower urgency mean buyers have more choice, while sellers who price and position well are still being rewarded.
And the fundamentals remain firmly in place, tight supply, rising construction costs, and strong population growth. This isn’t a market going backwards; it’s one becoming more sustainable, more strategic, and still an opportunity on both sides.
