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Australia: Deutsche Bank report predicts housing starts to fall 18.4pct in 2012

Posted on 10 October 2011

A new research note from Deutsche Bank has expressed a number of concerns about the Australian housing market, and has forecast an 18.4% decline in housing starts during the 2012 financial year, based on an assumption interest rates will fall by 50 basis points.
The note come just as the International Monetary Fund has released its own report, claiming that despite the enviable status of the Australian economy it is under threat from a housing market that could be as much as 15% over valued……………………………………….Full Article: Source


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