Domain: Sydney house prices tumble in December QTR

Wednesday 27 January 2016

Domain (formerly APM) has released its December quarter house price results, which showed a sharp contraction in Sydney’s median house price, which fell by 3.1% over the quarter, with unit prices also falling by 2.8%. This drove the national median house price down by 0.5% over the quarter, with unit prices also falling by 1.3%.

The below graphic from The AFR summarises the results:

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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.