Home Prices Are Falling, Yet Housing Construction Is Growing 5.8%. What’s Going On?

Home Prices Are Falling, Yet Housing Construction Is Growing 5.8%. What’s Going On?by: Mohit GuptaPublished on: 03/09/2026

Australian dwelling investment rose 5.8% over the year to June 2026 even as national home values recorded a fifth consecutive monthly decline. Here is why these seemingly contradictory trends can happen at the same time.

Home Prices Are Falling, Yet Housing Construction Is Growing 5.8%. What’s Going On?