NAB forecasts 14% peak-to-trough decline in dwelling prices, up from 11%

By Public Technologies
  • NAB’s November 2026 Housing Monitor forecasts a 14% peak-to-trough dwelling price decline, versus 11% previously.
  • House prices are likely to bottom in the second quarter of 2027.
  • Combined-capital dwelling prices fell 1.4% in October, the seventh consecutive monthly decline, leaving prices 8.1% below their March 2026 peak.
  • Brisbane led October price declines at 2%, followed by Perth at 1.7%.
  • New housing loan commitments fell 16% quarter-over-quarter in the third quarter; investor lending slumped 32%, while owner-occupier lending declined 5%.


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