CoreLogic’s tiered hedonic house price index has shown heavy falls at the top 25% of the housing market, especially in Sydney and Melbourne:
Today, Chris Joye has written an article in The AFR claiming that luxury homes are getting smashed:
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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.
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