HOME prices in regional South Australia dipped slightly in May, according to the PropTrack Home Price Index.

Prices fell 0.3 per cent in May, sitting just below their April peak. 

Despite the monthly decline, regional SA remains the strongest-performing market nationally, with prices 11.83 per cent higher than in 2024.

The slight drop follows the Reserve Bank of Australia’s further interest rate cut in May, which has continued to support home price growth.

In May, house prices rose 0.57 per cent, while unit prices increased 0.1 per cent.

Over the past year, house prices have risen 11.14 per cent and unit prices 10.26 per cent.