Australia’s five most powerful property people in 2026 (Australia)

Among the forces shaping the property sector over the past year, the most dramatic has been the housing downturn that has sent capital city prices tumbling. Some analysts expect a peak-to-trough correction of 10 per cent nationally, making it one of the most severe in the past 40 years. ANZ estimates that Sydney prices might fall by 14.5 per cent before the slump is done; Melbourne prices could fall by 12.8 per cent. 

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