A few week’s back, we noted that the collapsing property sales volumes across Australia is a bad omen for prices:
The collapse in sales volumes has been particularly sharp in the bubble epicentres of Sydney and Melbourne:
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The epic collapse in capital city property turnover
Leith van Onselen
Friday 19 October 2018
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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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