Domain: Sydney and Melbourne houses post double-digit falls

Tuesday 30 April 2019

Domain has released its property price results for the March quarter, with Sydney, Melbourne and Perth leading the price falls yet again.

Over the March quarter, dwelling values nationally fell by 2.2%, with Sydney (-3.1%), Perth (-2.5%) and Melbourne (-2.4%) driving the falls and Hobart (+3.1%) bucking the trend.

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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.