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August 2026 housing update: market conditions soften as spring approaches

calendar_today September 4, 2026 person Alison Cheung domain propertyme

August brought another month of falling home values, with declines recorded across more parts of the housing market. National property values decreased by 0.9% in August, reaching a median value of $912,885, according to Cotality’s latest data. It marks a fifth consecutive month of decline.

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