Melbourne property losses hit 8%

Thursday, 17 January 2019

CoreLogic’s daily house price index for 16 January, released yesterday, revealed that Melbourne dwelling value declines have hit 8%:

The below chart shows how Melbourne’s price decline compares against prior price corrections:

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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.