REIV Research analyses several market indicators from various sources including PropertyData, the ABS and the RBA.
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The RMX for Victoria fell by 0.2 per cent to 155.0 over the four weeks to 21st June 2026.
There were 3,791 reported auctions and 2,606 properties sold by auction in May 2026, resulting in a clearance rate of 68.7 per cent.
It should be noted that the REIV continues to receive results several weeks after the date of auction which may lead to revisions in auction data.
The median number of days it takes to sell a residential property in different regions of Victoria, for private sales.
Private listings in Victoria took 40 days on market to sell in May 2026.
The vacancy rate in Victoria rose to 2.6 per cent in May 2026.
According to the RBA, while inflation has fallen substantially since its peak in 2022, it picked up materially in the second half of 2025.
Following the Reserve Bank meeting in June 2026, the cash rate has been left unchanged at 4.35 per cent.
The total number of building approvals in April 2026 saw a 3.9 per cent decrease compared to previous month in seasonally adjusted terms, with approximately 4,911 dwelling units approved.