Melbourne house prices are tanking

Advertisement

By Leith van Onselen

Melbourne’s house price falls continue to accelerate, according to CoreLogic.

Quarterly value losses across Melbourne have hit 2.6%, which is worse than anything experienced during the 2010-12 correction:

The full text of this article is available to MacroBusiness subscribers

$1 for your first month, then:
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.