BIS Oxford: House prices to fall until 2021

Monday 25 June 2018

BISOxford is out with its latest outlook:

The slowdown in house prices is expected to continue until 2021, with Sydney emerging as the capital city with the worst prospects while Brisbane surprises as the city with the most upside, economic forecaster BIS Oxford Economics says.

…It says Sydney’s median house price is forecast to bottom out at 8 per cent below its June 2017 peak before turning up again.

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About the author

David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.