Premium homes lead Sydney/Melbourne price declines

Tuesday 6 November 2018

CoreLogic’s dwelling values results for September reported that losses have been driven by the premium end of the market in Sydney and Melbourne, whereas values across the most affordable 25% segment has held up relatively well:

While this is true when viewed on an annual basis, growth rates are trending down across all price segments:

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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.