Residex: House prices fall despite Sydney boom

Wednesday 25 February 2015

Residex has released its house and unit price results for January, which revealed a 0.55% fall in house prices nationally, but a 0.59% rise in unit values:

As shown above, performance was mixed with the two biggest capitals – Sydney and Melbourne – continuing to lead the way, driving values nationally.

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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.