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Australia home prices stall as Sydney hits air pocket

RBA has been concerned that debt-fuelled speculation in property could ultimately hurt both consumers and banks.

Published Fri, Dec 1, 2017 · 09:50 PM
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Sydney

HOME prices across Australia's major cities were flat for a second month in November as regulators' efforts to rein in investment lending triggered a reversal in the once-euphoric Sydney market.

Property consultant CoreLogic said its index of home prices for the combined capital cities was unchanged in November, matching October's outcome.

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