A new method for modelling general trends in the property market predicts that home prices in Melbourne, Brisbane and Perth are about to tumble, while those in Sydney will hit a plateau after climbing moderately higher.

A study currently under review for the Economic Record anticipates a fall in Melbourne home prices of as much as 9.2 per cent in the upcoming year, with values expected to commence their decline forthwith. Housing prices in Sydney are tipped to rise by six per cent over the year,…