The Bulletin


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so far, it's more of a house price blip than a bust in the making

  • Written by Richard Holden, Professor of Economics, UNSW
so far, it's more of a house price blip than a bust in the makingWe're unpredictable, but this could be a one-off adjustment.Shutterstock

Home prices slid in 2018, in some places by quite a lot.

According to the widely-used Corelogic Hedonic Home Value Index, home prices were down 4.8% across the nation in 2018. Sydney was particularly hard hit, down 8.9% and prices in Melbourne slipped 7.0%. Hobart was a bright...

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