Australian EconomyAustralian PropertyFeatured Article

Sydney property doyens pray for soft landing

David Llewellyn-Smith
Monday, 10 August 2015
Advertisement

Says John McGrath:

I’d be concerned if Sydney sees another double-digit growth. I’m predicting 3 to 5 per cent more and then I think it’s going to be plateau-ing. Melbourne is probably about the same,” he said at the Aussie Home Loans conference in Melbourne on Monday.

…”I think it will fall out over the next six to 12 months where you might see 4 to 5 per cent (rise) in some areas, no increase in other areas.

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
Cancel at any time through our billing provider, Stripe
Twitter Share
About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.