Australia's housing crisis appears to be showing signs of improvement, as recent data indicates a decline in home prices across four capital cities. Additionally, auction activity is softening, and rent increases are occurring at the slowest rate seen in years. According to reports from data groups, property values saw a modest increase of 0.4% in September, which is consistent with the 0.3% rise recorded in the two preceding months, as noted by CoreLogic. Meanwhile, PropTrack's housing index remained nearly unchanged, with a slight increase of just 0.04% for the month. These trends suggest that the pressures of the housing crisis may be beginning to ease, providing some relief to renters and potential homebuyers alike.