Sydney’s house prices are collapsing

Thursday 29 November 2018

It’s been a disastrous month for Sydney’s housing market. With two days left, dwelling values have tanked by 1.3% – the biggest monthly decline since May 2004:

Quarterly growth has also deteriorated, down 2.7% – the sharpest decline since July 2008:

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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.