Why Sydney’s housing market is even weaker than it looks

Friday, 1 December 2017

The slow deflation of Sydney’s housing market has continued for the 12th consecutive week, with CoreLogic’s dwelling values index registering another 0.2% decline, with values down a cumulative 1.5% over that 12-week period, and dwelling values also down 1.4% over the past 17-weeks:

Sydney’s quarterly growth rate continues to turn negative, down 1.3% 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.