Crashing sales a bad omen for housing and economy

Monday, 15 October 2018

A few week’s back, we noted that the collapsing property sales volumes across Australia is a bad omen for prices:

Over the weekend, Domainfax economist, Trent Wiltshire, posted interesting research on the collapsing sales volumes and what it means:

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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.