FINWIRES · TerminalLIVE
FINWIRES

Market Chatter: Australian Median Home Prices Expected to Rise 1% in 2026, Reuters Poll Says

By

Median home prices in Australia are expected to rise 1% this year, the weakest growth since 2022, according to a poll of property analysts conducted by Reuters.

The poll forecast prices ⁠to rise 2.1% in 2027. It showed median price growth projection of around 6% to 11% this year in Adelaide, Brisbane, and Perth, while prices in Sydney and Melbourne are expected to fall 2% to 3%.

Urban rents are forecast to rise 4% to 6%.

Median home values are at around AU$940,000, ​roughly eight times the average household income, Reuters said, adding that higher inflation and borrowing costs should continue to weigh on household ​budgets and demand.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Related Articles

International

Japan's Foreign Reserves Shrink by $77 Billion in May

Japan's foreign reserves narrowed by $77 billion in May from the previous month, according to data from the Ministry of Finance on Friday.Official reserve assets as of the end of May fell to $1.306 trillion from $1.383 trillion at the end of April.Of the total, foreign currency reserves stood at $1.093 trillion, comprising $931.7 billion in securities, down from $1.007 trillion the previous month, while deposits were flat at $162.2 billion.Japan's IMF reserve position rose to $11.5 billion from $11.3 billion in April, while its holdings of special drawing rights shrank to $60.9 billion from $61 billion.

$^N225
International

Philippine Annual Inflation Eases to 6.8% in May

The Philippines' annual inflation rate eased to 6.8% in May from 7.2% in April, according to data from the Philippine Statistics Authority on Friday.The latest print was lower than the market consensus forecast of 7.5%, according to Investing.com.Food inflation fell to 5.8% in May from 6.1% the previous month.Core inflation, which excludes selected food and energy items, increased to 4.1% in May from 3.9% in April, also missing the consensus forecast of 4.2%.

$^PSEi
International

Philippine Production Index Rises 14.7% in April

The Philippines' value of production index for manufacturing rose 14.7% annually in April, faster than the 13.1% increase in March, data from the Philippine Statistics Authority showed on Friday.In April 2025, the index had posted a 2.2% annual decline.Meanwhile, the volume of production index rose 12% in April, faster than a 10.2% rise the month prior, and compared with a 2.4% decline a year earlier.The country's production index measures real output in the manufacturing sector.The value of the net sales index for manufacturing grew 6.8% year on year in April, slower than the 8% annual growth in the preceding month.The volume of net sales index rose 4.2% year on year in April, versus a 5.2% annual rise in the month prior, the data showed.

$^PSEi