Auckland Council: house prices won’t follow Sydney/Melbourne down

Friday 21 December 2018

Auckland Council’s chief economist, David Norman, has down-played concerns that Auckland’s housing market could follow Sydney’s and Melbourne’s down. From Interest.co.nz:

“Suggestions that the Auckland housing market will follow those of the Australian eastern seaboard seem baseless,” he said.

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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.