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Aussie property decline mirrors Japan

Posted on 06 August 2012

Australian prices are down by over 9 per cent, which is indistinguishable from the Japanese fall of just under 8.9 per cent at the same point in its house price deflation.
According to the ABS series, house prices rose 0.5% in nominal terms in the June quarter, and were flat in real terms………………………………………..Full Article: Source


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