CommBank forecasts record 14% peak-to-trough fall in Australian home prices

By Public Technologies05:23 (UTC), 3 November 2026 Updated

Commonwealth Bank forecasts a record Australian housing downturn, with national prices falling around 14% peak-to-trough, versus 9% projected in September.
Brisbane and Perth face peak-to-trough declines of around 18% each, compared with September forecasts of around 8%.
The Reserve Bank of Australia raised its cash rate 25 basis points to 4.85% in November, its fifth increase of 2026.
National dwelling prices are forecast to fall 8% in 2026, followed by another 3% in 2027.
The market is expected to stabilize in the second half of 2027, without a material recovery.

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. Commonwealth Bank of Australia published the original content used to generate this news brief on November 03, 2026, and is solely responsible for the information contained therein.