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Australian Housing market in review

Research from Core Logic suggests a decline in the national house prices in the month of February making it the fifth consecutive monthly decline. Judging from the rate of decline, it does appear that the credit tightening policies of lenders have worked to cool down the markets. What’s does this mean? Although markets may be cooling off at the moment, it is unclear if this is indeed a downward trending or just a correction in prices. Whatever it is, it appears that APRA regulations are having some impact on the housing markets. To better understand the current and future trends, we must take a close look at factors in the economy that may contribute to the housing markets. For instance, tak

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