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Australia's First Post-Negative-Gearing Correction: 27.1% Clearance and Accelerating Price Falls
In the first full quarter after the negative gearing and CGT discount reforms, Sydney's final auction clearance rate fell to 27.1% - the lowest on record outside COVID - while October flash Composite PMI dropped from 51.3 to 47.7. Extrapolating the last 30 days puts capital-city prices 10.4% below peak by year-end. What makes this downturn different is that investor demand and the policy backstop are both absent.

Canada September 2026: CPI Back to 3.10%, Unemployment 6.50%, New Housing Prices Fall
Canada's CPI rose to 3.10% in September 2026, back above the central bank target range, while unemployment reached 6.50% and new housing prices fell for a second month to 120.20.




