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Sydney November home prices drop the most since 2010

Regulatory crackdown forcing banks to tighten lending and increase mortgage rates
Thursday, December 3, 2015 - 05:50

Prices across the nation's capital cities dropped 1.5 per cent, with Melbourne leading with a 3.5 per cent decrease.


HOME prices in Sydney fell the most in five years in November as a regulatory crackdown forces banks to tighten lending and increase mortgage rates.

Dwelling values in Australia's largest city dropped 1.4 per cent from a month earlier, data from property researcher CoreLogic

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