According to CoreLogic’s daily house price index, Melbourne dwelling value losses smashed through 9% over the weekend:
The below chart shows how Melbourne’s price decline compares against prior price corrections:
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Melbourne property losses smash through 9%
Leith van Onselen
Monday 11 February 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.
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