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Australia Housing Market: Why Are Home Prices Falling, How Far Could They Drop

For the past three decades, Australia’s property market has experienced a prolonged boom, with prices rising sharply despite periodic downturns. In the past seven years alone, national house prices have risen by roughly 70%, resulting in one of the most expensive property markets in the developed world.

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

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