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    Ray White Now is our monthly deep dive into data that informs our agents and customers about market activity, buyer and seller sentiment and what to expect when coming to market. Our economics team, led by Ray White Chief Economist Nerida Conisbee, extracts data from numerous different sources to bring you analysis of price movements, listings on the market and auction insights, in real time, to give you an up-to-the-minute understanding of the real estate market in its entirety.

    Price movements
    Australia's housing downturn broadened through July
    The national median house price now sits at $1.01 million, having eased back from its 2026 peak, while units continue to track higher at $750,000, having shown more resilience through the downturn to date.
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    Listings activity
    New sales listings continue to build
    The 12 month rolling figure is now at 512,737, up from a low of 492,048 in January and around 2.1 per cent higher than 502,045 recorded in July last year.
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    Open home attendance
    Attendance decline appears to be levelling out
    The four week rolling average has held steady at 2.1 across the four weeks to 1 August, the first sustained pause in the decline since attendance began falling steadily from the start of the year.
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    Auction insights
    Bidding numbers have improved in July
    Registered bidders averaged 2.6 per property and active bidders 1.9, both up from June's 2.4 and 1.8.
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