Sydney house prices fall for 23rd consecutive week

Friday, 16 February 2018

The deflation of Sydney’s housing market has continued for the 23rd consecutive week, with CoreLogic’s dwelling values index registering another 0.15% decline, and values down a cumulative 3.7% over that 22-week period, and dwelling values also down 3.6% over the past 28 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.