CoreLogic: Sydney property prices to see “further pullback from here”

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By Leith van Onselen

We noted on yesterday how Sydney’s property boom appeared ‘cooked’ based on a surge in property listings combined with the cratering of quarterly price growth:

CoreLogic’s head of research, Cameron Kusher, gave an interesting interview on ABC’s The Business this week where he warned that a bigger “pullback” is likely for Sydney property. Below is the key quote:

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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.