---
title: "Australia's sudden housing chill seeps into economy"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/294013308.md"
description: "Australia's housing market is experiencing its worst slowdown since the pandemic, driven by rising borrowing costs and reversed tax breaks. This shift has shaken confidence in a key economic growth driver, causing buyers and sellers to retreat as house price appreciation is no longer viewed as inevitable."
datetime: "2026-07-28T05:20:21.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/294013308.md)
  - [en](https://longbridge.com/en/news/294013308.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/294013308.md)
generator: "portal-rs"
---

# Australia's sudden housing chill seeps into economy

By Stella Qiu and Wayne Cole SYDNEY, July 28 (Reuters) - Australia's housing market is suffering its worst slowdown since the pandemic as rising borrowing costs and a sharp reversal in tax breaks shake confidence in a normally reliable source of economic growth. Buyers and sellers alike have suddenly stepped back as house price appreciation no longer seems inevitable, a sea change in mood after

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**