Sydney the only capital housing market starting to decline: HTW property clock

Sydney the only capital housing market starting to decline: HTW property clock
Sydney the only capital housing market starting to decline: HTW property clock

Sydney is now the only capital city which is seeing its housing market start to decline, according to valuation firm Herron Todd White.

Last month Herron Todd White had Canberra in the same category, however that has now moved to a rising market for its houses.

Click here to enlarge.

Sydney the only capital housing market starting to decline: HTW property clock

 

Since last month Toowoomba has hit the bottom of the market, while Melbourne is still approaching the peak of the market.

South East New South Wales has gone from being at the peak of the market to the starting to decline phase.

Joel Robinson

Joel Robinson

Joel Robinson is a property journalist based in Sydney. Joel has been writing about the residential real estate market for the last five years, specializing in market trends and the economics and finance behind buying and selling real estate.

Tags: 
Price Decline Htw

Comments

Be the first one to comment on this article
What would you like to say about this project?