Sydney’s house price crash has arrived

by Boo_Randy

The central bankers’ insane housing bubbles are starting to burst. Trillions in fake “wealth” created by the tsunami of central bank funny money is going to be vaporized.

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The latest data suggests that Sydney’s house price crash has begun.

CoreLogic’s daily dwelling values index has Sydney leading the nation’s dwelling downturn with values falling 1.5% over the quarter.

Sydney’s auction clearance rate has also collapsed into the mid-50s. This suggests that buyer demand has evaporated and points to further house price falls.


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