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HomeGeneral News'Decline': housing downturn looms as rate hikes bite | Katherine Times

‘Decline’: housing downturn looms as rate hikes bite | Katherine Times

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Prices in Australia’s two biggest housing markets are already on the slide. Photo: James Ross/AAP PHOTOS

Australia is on the cusp of a housing market downturn as interest rates and affordability woes sap buyer demand, new data suggests.

Sydney and Melbourne are already in the early stages of…



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