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1.Market Observations, 2.Economic forecasts, 8.Was Sticky

13 July 2018 (AFR) – NAB cuts housing forecasts as sentiment falls to 2-year low: warns on credit

(13 July 2108, AFR, p4, by Michael Bleby)

NAB Hedonic house price forecasts (NAB)

NAB Hedonic house price forecasts (NAB)

‘Weaker than expected residential markets in Melbourne, Brisbane and Perth have added to ongoing weakness in Sydney and prompted NAB to cut its outlook for housing prices this year and next.’

Read more (and see another table) at AFR.com (might need AFR login access, or try: AFR.com/trial)

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