Living costs, floods and interest rate hikes blamed for slow property market in Australia

Nicholas Wallwork

Nicholas Wallwork

Editor-in-Chief
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A higher cost of living, higher interest rates and floods have conspired to make people in Australia more reluctant to buy and sell their homes, it is claimed. The numbers of new properties being bought have fallen compared with last year and the number of home loans approved has fallen to a 10 year low. [...]

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