Original article by Robyn Ironside
The Australian – Page: 19 & 23 : 20-Jun-18

The ANZ Bank expects house prices in Melbourne and Sydney to fall around 10 per cent by the end of 2019. Senior economist Daniel Gradwell adds that a fall of about four per cent nationally is now expected in 2018, followed by a two per cent decline in 2019. He notes that ANZ had previously forecast a modest rise in house prices in both years. Gradwell also says the Reserve Bank is likely to leave the cash rate on hold until the second half of 2019 due to the outlook for the housing market.

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