Sydney housing is about to peak

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By Leith van Onselen

Evidence is mounting that Sydney’s housing market is fast approaching its peak.

First, Sydney auction clearance rates are tanking, down sharply over recent months and 6.2% year-on-year, hitting near 3-year lows:

ScreenHunter_10324 Nov. 13 10.23
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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.
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