Australia’s Cotality Home Value Index rose 0.5% month-over-month in December 2025, easing from 1.0% in the prior month and marking the weakest monthly increase since May. The slowdown underscored the cooling momentum in housing, with affordability pressures, elevated borrowing costs, and softer year-end demand weighing on buyer activity. Growth slowed in Brisbane (1.6% vs 1.7% in November) and Perth (1.9% vs 2.4%), while Adelaide remained steady (at 1.9%). In contrast, values slipped in Melbourne (-0.1% vs +0.3%) and Sydney (-0.1% vs +0.5%). Despite the monthly deceleration, national home values surged 9.2% year-on-year, accelerating from 7.2% in November.