First home buyer’s nightmare: is the market already bouncing back?
The Briefing
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The Australian Housing Market's Downturn
Housing values on our capital city index dropped by 9.7%. So nearly as much as the previous record drop, but it only took 10 months to get there. In many ways, this has been a very short but sharp drop in housing values. It was more just the velocity of this downturn that made it unique.
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