Sydney property prices are crashing

Sunday 23 December 2018

It’s been a black December for Sydney property. With 8 days still left in the month, Sydney dwelling values have fallen a whopping 1.5% in December, according to CoreLogic – the biggest monthly decline since October 1986:

The quarterly decline has steepened to 3.8% – the largest fall since January 1985:

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

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.