Sydney home prices fall for 15th consecutive week, losses accelerate

Friday, 22 December 2017

The deflation of Sydney’s housing market has continued for the 15th consecutive week, with CoreLogic’s dwelling values index registering another 0.40% decline, with values down a cumulative 2.3% over that 15-week period, and dwelling values also down 2.2% over the past 20 weeks:

Sydney’s quarterly growth rate continues to turn negative, down 2.2% according to CoreLogic’s daily hedonic index:

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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.