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Where to for Sydney market in 2019? Down, down, down

Jan 02, 2019 - Australian Financial Review

After an relentless five-year run of strong price growth across Sydney's property market, 2018 marked the moment prices fell for the first time over a 12-month period since 2012.

In 2014, prices grew 12.8 per cent followed by a whopping 14.9 per cent in 2015. Price growth began to wane in 2017 when dwelling values increased by just 3.2 per cent.

Property prices have fallen 7.2 per cent over the year to date, according to CoreLogic, and 9.5 per cent since they peaked in July 2017, wit...