Property valuers are pointing to 12 months of deflated market activity ahead, with a potential pick-up in the third quarter of 2027.
An Australian Property Institute survey of members has found an expected decline in values of 8 to 11 per cent.
But API chief economist Sherman Chan told The Urban Developer that changes to negative gearing and capital gains tax, which take effect in July 2027, will trigger a return to growth in values.
