CoreLogic: High end property prices to plunge

Friday, 8 June 2018

A fortnight ago, CoreLogic released research showing that property values have fallen fastest at the premium end of the market:

Moreover, premium price falls have been sharpest in Sydney and Melbourne, whereas prices have held-up at the more affordable end, thanks in part to first home buyer stamp duty concessions implemented by both state governments from 1 July 2017:

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

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.