Australia’s housing bust continues to broaden

Thursday 7 February 2019

CoreLogic’s dwelling values results for January reported that losses have been driven by the premium end of the market, 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 negative and trending down across virtually all price segments – low value (bottom 25%), middle value (middle 50%) and high value (top 25%):

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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.