Moody’s: House prices set to rebound

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Home Values Across Australia Will Continue To Diverge Into 2019, Based On The CoreLogic-Moody’s Analytics Australian Home Value Index Forecast

Moody’s Analytics has developed an econometric model to forecast the direction of Australia’s residential property market down to the Statistical Area 4 level, using historical data from CoreLogic’s Hedonic Home Value Index. SA4s are geographic areas defined by the Australian Bureau of Statistics such that each area has a high percentage of people who live and work in the same SA4. There are 106 SA4s covering Australia, 85 for which CoreLogic has created hedonic home value indexes.

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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.