Major capital city property losses hit 10%

Tuesday, 9 April 2019

Yesterday’s daily index from CoreLogic passed another milestone, with losses at the 5-city level breaching double-digits:

Annual declines have also hit 11.0% in Sydney and 10.0% in Melbourne:

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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.