Sydney dwelling prices re-converge with housing finance

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By Leith van Onselen

With the ABS yesterday releasing its total housing finance statistics for August at the jurisdictional level, it’s an opportune time to once again see how these are tracking against dwelling values, as measured by the CoreLogic index (current to end-September 2017).

First, below is the national picture, which shows finance approvals typically leading price growth:

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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.