CoreLogic’s Cameron Kusher has released interesting analysis looking at prior housing corrections, which saw some major capitals post double-digit peak-to-trough losses:
This week’s blog presents the recent periods in which dwelling values have fallen across each capital city and how long values have taken following these falls for values to eclipse their previous peak.
The full text of this article is available to MacroBusiness subscribers
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.
