Property sales crash to Keating-era levels

Friday 3 May 2019

Yesterday, UBS senior economist, George Tharenou, produced the below chart showing that home sales have fallen to the lowest level in 23-years:

Below are more charts, derived from CoreLogic data, plotting annual sales volumes across Australia’s capital cities to January 2019:

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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.