More forecasts for house price falls in 2017

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By Leith van Onselen

BIS Shrapnel and AMP chief economist, Shane Oliver, have joined the chorus of commentators (including MB) expecting house prices to fall by 2017. From The AFR:

House prices will start falling in 2016-17 as the threat of rising interest rates coincides with worsening affordability, a big increase in supply and weaker investment returns according to forecaster BIS Shrapnel…

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About the author
Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.