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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.

Prices in Sydney slipped 0.7 per cent in November, dragging annual growth down to 5 per cent from 7.7 per cent the month before.


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...

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