Sydney property prices are crashing

Monday, 24 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:

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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.