Original article by Larry Schlesinger
The Australian Financial Review – Page: 37 : 18-Sep-18
Moody’s Analytics has forecast a 1.6 per cent fall in housing prices across Australia in 2018. The firm expects house prices in Sydney to decline by 5.1 per cent overall, although some suburbs will record larger declines while others will record growth. House prices in Melbourne are forecast to rise by 0.3 per cent in 2018, with Brisbane tipped to record growth of 1.5 per cent and prices in Perth to fall by 1.9 per cent. The forecasts are based on historical data from CoreLogic’s Hedonic Home Value Index.
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