Australia’s housing market hit pause in May, with the national median dwelling value sitting at $941,864, according to the latest data from Cotality. It reflects a broader shift that has been building for some time. While some cities continue to record strong growth, others are experiencing declining values as affordability constraints, softer demand and higher […] The post May 2026 housing update: national market flattens, but the story varies by city appeared first on PropertyMe .