According to the Australian authoritative economic research institute, in the next fiscal year, Australian housing prices will remain stable, and some regional markets may fall.

The Oxford Economic Research Institute warned that the slowdown in the Australian real estate sector will continue in the short term

According to the Australian Real Estate Information Domain website, BIS Oxford Economics warned that the Australian real estate sector is slowing down and will continue in the short term.

According to the latest report "Residential Property Prospects 2018 to 2021", the tightening of investor loans and the rising stock of new homes are putting pressure on the residential market.

The report pointed out that in the 2017-18 fiscal year, in addition to Hobart, the real estate market in major Australian cities experienced a slowdown in price growth. House prices in Melbourne and Sydney are falling across the board. Considering inflation, house prices in most capital cities actually fell slightly.

However, the author of the report, Angie Zigomanis, believes that due to low interest rates and a relatively stable economic environment, there is less likelihood of significant price adjustments in the market.

The BIS Oxford Economic Research Institute also predicts that there will be an oversupply in most of the capital city apartment market, as investors have driven record-breaking construction activity.

The Oxford Economic Research Institute warned that the slowdown in the Australian real estate sector will continue in the short term

Sydney

Median house price (as of June this year): A$1.12 million

The report believes that Sydney house prices will continue to fall, forecasting a 2% decline in house prices in the next fiscal year. Combined with price adjustments, inadequate supply and improved economic prospects, Sydney's housing prices may see a small increase in the 2020-21 fiscal year. However, in the next three years, Sydney house prices should not exceed the peak of June 2017.

The report estimates that Sydney apartment prices have fallen by 4% this fiscal year and are expected to continue to fall by 3% in FY18-18.

The Oxford Economic Research Institute warned that the slowdown in the Australian real estate sector will continue in the short term

Melbourne

Median house price (as of June this year): 870,000 Australian dollars

According to the report, Melbourne's record-breaking population growth continues to drive demand for housing and maintain overall supply shortages. It is expected that from now until 2021, Melbourne house prices will be at a standstill, which is lower than the inflation level. The downturn in new residential construction activity may trigger a small increase in house prices.

Although Melbourne's overall apartment market is not expected to be oversupply, there may be oversupply in some areas, and apartment prices are expected to fall 2% in the next three years.

The Oxford Economic Research Institute warned that the slowdown in the Australian real estate sector will continue in the short term

Canberra

Median house price (as of June this year): 700,000 Australian dollars

In recent years, the Canberra real estate market has risen steadily and is expected to continue to rise in the short term.

The report predicts that Canberra's house price will increase by 5% in the next fiscal year, after which the upward trend will slow down. It is expected that the cumulative house price increase in the next three years will be 10%. In terms of apartments, prices are expected to increase by 6% in the next three years.

The report specifically pointed out that the Canberra rental market is tight, with a vacancy rate of only 0.7% in the first quarter of this year.