Sydney property prices are going stall

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Via News:

Australia’s real estate market has turned. And Sydney is it strongest part. This is what we’ve been told. This is what the data tells us.

But a new map has revealed the truth is more complicated. Sydney is not just one market. Like the stock market, it has parts that are going well and parts that are going terribly.

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About the author
David Llewellyn-Smith is Chief Strategist at the MB Fund and MB Super. David is the founding publisher and editor of MacroBusiness and was the founding publisher and global economy editor of The Diplomat, the Asia Pacific’s leading geo-politics and economics portal. He is also a former gold trader and economic commentator at The Sydney Morning Herald, The Age, the ABC and Business Spectator. He is the co-author of The Great Crash of 2008 with Ross Garnaut and was the editor of the second Garnaut Climate Change Review.