CoreLogic: Prepare for more property price falls

Tuesday, 26 February 2019

CoreLogic’s leading indices are out and they continue point to further house price weakness.

After barely retracing over the Christmas break, listings are lifting into the Autumn not-selling season:

As shown above, listings across the combined capitals are 9.1% higher from a year earlier, with Sydney’s and Melbourne’s listings up 10.4% and 19.1% respectively.

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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.