Melbourne house prices to boom, baby, BOOM!

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By Leith van Onselen

Propell has released its Residential Market Report for July 2015, which forecasts that Melbourne will overtake Sydney in 2016 to become the driver of house price growth nationally:

…house price growth in Melbourne is strengthening and there is speculation among some parties that it could match or exceed that of Sydney in the coming year…

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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.