CoreLogic: Housing bust has not improved affordability

Monday 26 August 2019

Research analyst Cameron Kusher from Core Logic has given an interesting interview on Radio 4BC whereby he notes that despite falling dwelling values over the past year, there’s been no noticeable rise in sales under $400,000, especially across Sydney and Melbourne where there’s “virtually nothing available under $400,000”.

This comes despite the heavy price corrections experienced across these markets:

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:

$24.99 / month

$249 / year

Cancel at any time through our billing provider, Stripe

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.