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The US housing market remains under pressure as high mortgage rates continue to weigh on affordability and demand. Industry leaders say 2026 has been one of the toughest years for home sales, with slower price growth, weaker mortgage activity, and fewer buyers entering the market. However, experts say reduced competition and more price cuts could create opportunities for well-prepared buyers.

Clock10/08/2026

Mirvac’s 45-level Trielle has topped out at Yarra’s Edge, pairing riverfront apartments with wellness facilities, private dining and resident services.

Employment fell by 39,300 and unemployment held at a revised 4.7 per cent, giving the RBA more room to pause in November.

Reading Time 4 minutes
Clock14/10/2026
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