Jan

Australia’s Housing Downturn Deepens as Prices Hit 2016 Levels

Sydney property values continued to fall in January, driving nationwide house prices back to levels last seen in October 2016, amid tighter lending conditions and high levels of housing supply.

Nationwide home values dropped 1 percent last month, led by a 1.3 percent decline in Sydney and a 1.6 percent slide in Melbourne, according to CoreLogic Inc. data released Friday…

Categories : Real Estate

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Australia’s Housing Downturn Deepens as Prices Hit 2016 Levels

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