Canberra’s property values are holding steady with evidence of renewed buyer activity and gradual improvement. Values rose 1.0 per cent in November and the median house value now sits at $1,035,338. House prices have grown this year by nearly 6 per cent, while units have barely moved at 0.5 per cent. With fewer sellers coming to market, the continued low supply of houses - house listings are about 15 per cent below average for this time of the year - means buyers are heading into summer with reduced choice. The Reserve Bank lowered the cash rate three times in 2025 and, for much of the year, forecasts were for easing to continue, boosting sentiment in the housing market. However, recent data indicating inflation might not be as well contained as previously thought have wound back expectations of further rate cuts - and seen some economists change their forecasts to rate hikes. ACT’s relatively high incomes mean the market should maintain momentum in 2026, despite the headwinds of a possible interest rate rise and curbed lending practices. If you’re thinking of making a move, my team and I will use our experience and market insights to put you in the best position. I invite you to get in touch and experience the Ray White difference for yourself. From our home to yours, wishing you a very happy holiday season and a New Year filled with peace and joy. Andrew Lonsdale Senior Sales Agent Ray White Canberra WHAT’S HAPPENING IN YOUR MARKET?
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