Australia’s Housing Slide Spreads Beyond Sydney and Brisbane

National property values are 5.2% below their March peak, with Cotality data showing September’s decline reached across almost every suburb in the biggest cities. The pullback is no longer just a Sydney story—or a Brisbane one. For buyers, falling prices may change the negotiating mood; for owners, the rate squeeze is showing up in valuations.

Money Moves

• The downturn is broadening: Home values fell in every capital city except Darwin last month,...