Sydney drives 0.1% November decline in Aussie home values

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By Leith van Onselen

CoreLogic’s dwelling price results are in for November, with a 0.12% decrease in values recorded over the month at the 5-city level, driven entirely by a sharp decline in Sydney:

Home values nationally are finally declining following the turbo-charged growth recorded over the 2016-17 financial year:

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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.