From www.domain.com.au: Home prices in Australia’s combined capitals continued to rise, marking the eighth consecutive quarter of growth for houses and the seventh for units, with Brisbane, Adelaide, and Perth achieving record-high prices.

However, the pace of price growth has begun to slow due to affordability challenges and increased supply, with all capital cities now experiencing either a decline or rapid slowdown in growth.

Sydney recorded a slight decline in house prices, while units there saw a modest increase, reflecting ongoing market adjustments influenced by economic conditions.