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Sydney property prices tipped to fall 10 per cent in 2018


Jennifer Duke & James Robertson, The Sydney Morning Herald

Sydney property prices are tipped to pull back by up to 10 per cent over the next 12 to 18 months, experts warn, after real estate markets ended the year with a whimper.

The harbour city is leading the country's property downturn, with prices falling 0.9 per cent in December. Prices were down 2.1 per cent for the quarter, well below price growth of more than 17 per cent in mid-2017, said the head of research at property research data group CoreLogic, Tim Lawless.

The Sydney Morning Herald
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