Sydney home prices fall for 18th consecutive week

Friday, 12 January 2018

The deflation of Sydney’s housing market has continued for the 18th consecutive week, with CoreLogic’s dwelling values index registering another 0.13% decline, and values down a cumulative 2.6% over that 18-week period, and dwelling values also down 2.5% over the past 23 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.