Core Logic-RP Data has released the results of its latest Consumer housing market sentiment survey, which revealed that more than two-thirds (68%) of Australians believe that housing is vulnerable to a significant correction in values, although the result was an improvement on the prior quarter:
68% of respondents to the survey conducted in September answered “yes” to the question: ‘In your opinion is Australia’s housing market vulnerable to a significant correction in values?’
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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.
