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Aussie banks forecast biggest house price falls on record

According to Cotality, the largest capital city house price decline on record, based on 40 years of data, was between October 2017 and May 2019, when values declined by 8.2%. Cotality’s dwelling value results for August revealed that values across the combined capital cities have already declined by 4.6%, with a hefty 3.7% decline recorded The post Aussie banks forecast biggest house price falls…

We haven't written up this one. MacroBusiness has the full story — the link below goes straight to it.

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