CoreLogic’s dwelling price results are in for May, with a 0.98% fall in values recorded over the month at the 5-city level, driven by Melbourne (-1.68%) and Sydney (-1.32%):
It was the first decline in home values in 18 months:
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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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