Sydney property prices already “down 5-6%”

Thursday, 14 September 2017

Mirabile dictu, an honest realtor:

Are the days of ridiculous house price rises finally over or just on hold for a while? What’s the value of your house in the current market? And is foreign investment keeping young Australians out of the housing market?

Peter O’Malley, author of Inside Real Estate joins Phil Clark to talk about all the latest developments from the real estate market.

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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.