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Australia’s spring housing market stalls as sales slump and selling times blow out to more than five weeks

Summary by Property Update
Australia's spring property market has failed to gain its usua momentum, with home sales down more than 20% compared with the same period last year,...
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The real estate market typically sees a surge in listings in the spring, but this year, with an increase in listings and a growing backlog of unsold homes, the market is facing increasing pressure. Investors and homeowners are worried that as the oversupply worsens, houses will become increasingly difficult to sell.

·New York, United States
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Property Update broke the news on Thursday, October 15, 2026.
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