KPMG Residential Property Market Outlook – January 2026

House prices across the country are expected to increase by 7.7 percent this year, with momentum in the property market expected to continue in 2026.

National house prices rose 8.6 percent and national unit prices rose by 7.3 percent in 2025, exceeding our earlier forecasts. KPMG expects housing momentum to remain solid through 2026, with national house values rising by 7.7 percent and national units by 7.1 percent. This outlook is supported by stabilising financial conditions and a degree of tightness in supply. Furthermore, the affordable segment is also set to outperform, boosted by the expanded 5 percent Deposit Scheme drawing more ...

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Authors: Brendan Rynne, Brian Tran

Published Date: 12 February 2026