Falling Sydney and Melbourne home prices – is this the crash?

Falling Sydney and Melbourne home prices – is this the crash? What about other cities and the impact on the economy?

Key points:

  • Property prices in Sydney and Melbourne likely have more downside, but a crash is unlikely in the absence of much higher mortgage rates, much higher supply and a long continuation of recent high construction activity.
  • Other cities will perform better.
  • Property investors should remain wary of Sydney and Melbourne and focus on laggard or higher yielding markets.

 

(Click on the cover page image for the full document).

 

Sponsor White Papers (click here to see all previous papers)

Wikipedia defines a White Paper as “an authoritative report or guide informing in a concise manner about a complex issue and presenting the issuing body’s philosophy on the matter. It is meant to help readers understand an issue, solve a problem, or make a decision.”

 

Print Friendly, PDF & Email
No comments yet.

Leave a Comment: