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Australian home values heading for biggest fall in 40 years
Original: Home values on track for 'largest downfall in 40 years': Cotality | ABC NEWS
Property research firm Cotality says Australian home values are on track for the largest downturn in four decades, according to ABC News. The warning has drawn wide attention as homeowners and buyers weigh what a slump of that scale would mean for prices, mortgages and the wider economy.
Why now: A forecast of the steepest housing decline in 40 years threatens the finances of millions of homeowners.
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- Home values on track for 'largest downfall in 40 years': Cotality | ABC NEWS · ABC News (Australia) · 144.1K
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