Housing prices fell by 0.1% in December but dip likely to be ‘shallow and short-lived’, according to CoreLogic
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Australia’s housing downturn is being driven by a widening gap between income, borrowing capacity and home values, but the dip is likely to be “shallow and short-lived”, a new report has found.
In December, Australia’s property market eased with home values falling 0.1% after a flat result in November and a gradual slowdown over last year, according to CoreLogic.
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