All indicators point deep south for Perth housing

Wednesday, 16 December 2015

As has been well documented on this blog, Perth’s housing market is deteriorating fast as the epic commodity price and mining investment boom unravels.

This weakness has been most evident by Perth house prices, which have fallen by 4.9% so far this calendar year, according to RP Data, with a clear downwards trend (see below charts):

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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.