A roof tiler balances on a roof at a residential building site in Sydney on August 1. Photo: Reuters
A roof tiler balances on a roof at a residential building site in Sydney on August 1. Photo: Reuters
Nicholas Spiro
Opinion

Opinion

The View by Nicholas Spiro

Why Sydney’s sharp housing slowdown is the canary in the coal mine

  • Home prices in Sydney have been dropping at their fastest pace since the early 1980s, largely because of the sudden about-turn in Australian monetary policy
  • While some cities, such as Adelaide and Perth, are still enjoying price gains on a monthly and quarterly basis, the trend in Sydney should have alarm bells ringing

A roof tiler balances on a roof at a residential building site in Sydney on August 1. Photo: Reuters
A roof tiler balances on a roof at a residential building site in Sydney on August 1. Photo: Reuters
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