Property Report 2026: prices, rents and where the demand is

Market Insights · 2026-04-08 · 12 min read

Prices

Resale activity stayed concentrated in the suburban towns where families can stretch to a four-room home, while city-fringe condos held their value on scarcity.

Rents

Rents grew more slowly than in previous years as new completions came online, giving tenants more room to negotiate at renewal.

What buyers did

Buyers spent longer comparing, leaned on mortgage calculators earlier, and asked for transaction evidence before agreeing to a price.

What we expect next

New launches with realistic pricing should sell steadily, while older resale units that are priced above the comparable range will keep ageing on the market.

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