{"id":52066,"date":"2025-07-01T20:52:40","date_gmt":"2025-07-01T20:52:40","guid":{"rendered":"https:\/\/www.letsportsrock.com\/?p=52066"},"modified":"2025-07-01T20:52:43","modified_gmt":"2025-07-01T20:52:43","slug":"canberras-kept-a-lid-on-house-prices-this-year-but-it-may-be-nearly-over","status":"publish","type":"post","link":"https:\/\/www.letsportsrock.com\/?p=52066","title":{"rendered":"Canberra’s kept a lid on house prices this year, but it may be nearly over…."},"content":{"rendered":"
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<\/div><\/div> <\/div>\n<\/div>\n

Canberra’s kept a lid on house prices this year, but it may be nearly over….<\/p>\n

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Canberra\u2019s housing market \u2014 long buffered by cautious demand, sluggish supply and high borrowing costs \u2014 has begun to show cracks in its once-placid facade. After months of tight control, the lid on prices may be coming off.<\/p>\n

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Sluggish supply; rising pressure: Weak new approvals and limited listings have eroded Canberra\u2019s resistance to national forces. Official data for Australia shows housing values climbing for five consecutive months, with a 0.6\u202f% rise in June on a national scale . That trend is nudging into the ACT, where median house prices\u2014having hovered near $975,000\u2014finally saw modest gains (around +0.4\u202f%) in mid\u20112025 .<\/p>\n

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Rate\u2011cut thaw meets pent-up demand: The Reserve Bank’s rate cuts in February and May have boosted borrowing power, reigniting buyer confidence even in Canberra\u2019s conservative marketplace. Across the country, auctions have grown increasingly competitive\u2014a sign that buyers are jumping in . In Canberra, apartments and townhouses\u2014more affordable slices of the market\u2014have seen renewed interest, with CoreLogic noting upticks in February and beyond .<\/p>\n

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What\u2019s next: Canberra\u2019s annual growth remains tepid (~0.8\u202f%), and prices are still ~4\u20135\u202f% below their 2022 peak . However, with supply lagging, mortgage rates easing, and first\u2011home buyers reentering, even Canberra could shift from stability into growth territory. The cautious equilibrium is unravelling\u2014and if supply doesn\u2019t catch up soon, the Canberra housing market may be poised for a sustained upswing by year\u2019s end.<\/p>\n\n

<\/div>","protected":false},"excerpt":{"rendered":"

Canberra’s kept a lid on house prices this year, but it may be nearly over….   Canberra\u2019s housing market \u2014 long buffered by cautious demand, sluggish supply and high borrowing costs \u2014 has begun to show cracks in its once-placid facade. After months of tight control, the lid on prices may be coming off. Sluggish […]<\/p>\n","protected":false},"author":15,"featured_media":52065,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[701],"class_list":["post-52066","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-canberra-raiders"],"yoast_head":"\nCanberra's kept a lid on house prices this year, but it may be nearly over....<\/title>\n<meta name=\"description\" content=\"Canberra's kept a lid on house prices this year, but it may be nearly over....\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.letsportsrock.com\/?p=52066\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" 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