Canberra house prices are predicted to drop 5.4 per cent in total across 2026, according to a recent analysis by ANZ.
The big four bank also predicted the market will fall another 1.9 per cent in 2027, before ultimately bouncing back by 3.2 per cent in 2028.
The predictions for the ACT are in line with ANZ's forecasts for Melbourne and Sydney, which the territory has been following into a property slump since May.