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House price falls are worse than they first appear

As falling housing prices continue to spread to more and more markets across the nation, the eyes of the public and of property analysts is often fixed on the various price indices measuring the decline. As things currently stand, prices are down 5.9% at a five-capital-city aggregate level, with the worst performer, Sydney, down 8.3%, The post House price falls are worse than they first appear…

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

Read the original at macrobusiness.com.au →

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