NAB cuts Australia capital-city house price forecast, sees 8% fall in 2026

• NAB cut its 2026 forecast for Australia’s eight-capital housing market, penciling in an 8% drop, up from a prior 6% decline.
• Combined-capital dwelling prices fell 1.2% in September, the sixth straight monthly fall, leaving prices 6.4% below the March peak.
• Sydney led peak-to-trough declines at 8.6%, followed by Melbourne at 7.2%; September falls were 1.4% and 0.7%.
• Downturn broadened to units, down 0.8% in September; mid-sized capitals fell 1%-1.5%, with Brisbane 5.4% below peak.
• Market liquidity weakened as sales volumes slowed; median days on market rose to 41, the highest since late 2020.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NAB - National Australia Bank Ltd. published the original content used to generate this news brief on October 07, 2026, and is solely responsible for the information contained therein.