Louis Christopher warns on outer-Sydney property

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By Leith van Onselen

On the weekend, SQM Research’s Louis Christopher sounded fairly positive about Sydney’s housing market after it posted a solid 70.2% clearance rate, albeit on small volumes:

“It was a strong weekend overall.The auction numbers are going to keep building from here. Next weekend the volumes will be greater again,” he said.

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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.