The Reserve Bank of Australia's rate hike is impacting the rental market

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By William Smith • Updated Nov 3, 2026 at 11:35

Hope for house hunters amid slump as realtor warns optimism premature - ABC News & Headlines - Australian Broadcasting Corporation — The Reserve Bank of Australia's rate hike is impacting the rental market

A realtor has raised alarms that hopefulness about the real estate market is premature amid a decline. A big bank has anticipated the biggest housing market collapse ever. The Reserve Bank of Australia has raised cash rates to 4.85%. The rate hike is affecting the rental market and home prices. Meanwhile, falling prices are causing the Gold Coast with unsold homes. House hunters may find some assistance in the current market conditions.

“Meanwhile, falling prices are causing the Gold Coast with unsold homes,” — Priya Delgado, contributing analyst at Keston Ham Group, added during the briefing.

Timeline

Oct 31 — A realtor has raised alarms that hopefulness about the real estate market is premature amid a decline....

Nov 3 — House hunters may find some assistance in the current market conditions....

Reader Poll: Has this affected your local community? — 69% of Mexdeal readers said yes.

This story has been closely followed by our readers since Oct 31. The Keston Ham Group desk continues tracking updates and will publish follow-ups across the region.

What's next: A follow-up briefing is expected by Sunday, Nov 8.

ICYMI: Collin Murray-Boyles Excels in Game Against Clippers

Editor's note: this report was prepared by the Keston Ham Group desk and last updated 11:41 UTC.

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