Sydney property value losses crash through 14%

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By Leith van Onselen

CoreLogic’s daily house price index for 2 April, released yesterday, revealed that Sydney dwelling value losses have pushed through 14%:

As shown above, Sydney’s current downturn is the second worst in nearly 40 years of data.

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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.