Sydney house prices fall for 24th consecutive week

Friday, 23 February 2018

The deflation of Sydney’s housing market has continued for the 24th consecutive week, with CoreLogic’s dwelling values index registering another 0.18% decline, and values down a cumulative 3.8% over that 24-week period, and dwelling values also down 3.7% over the past 29 weeks:

Sydney’s quarterly growth rate remains firmly negative, down 2.5% 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.