Sydney house prices fall for 22nd consecutive week

Friday 9 February 2018

The deflation of Sydney’s housing market has continued for the 22nd consecutive week, with CoreLogic’s dwelling values index registering another 0.22% decline, and values down a cumulative 3.5% over that 22-week period, and dwelling values also down 3.4% over the past 27 weeks:

Sydney’s quarterly growth rate continues to turn negative, down 2.6% 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.