
Has the housing bubble burst?
In some states the property market is up, while in others it’s down - if you’re confused by what’s really happening to Australian house prices, read on. Driven by falling markets in Sydney and Melbourne, national house prices fell 0.1% in May, according to figures from property analytics group Core Logic. For the year from 31 May 2017 to 31 May 2018, prices were down 0.4% marking the first annual fall since October 2012. But AMP Capital’s Head of Investment Strategy and Econo