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Housing Market Stalls as Overblown Hopes Fade
Summary by thenorthernriverstimes.com.au
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Housing Market Stalls as Overblown Hopes Fade
Australia’s housing market has entered a stagnant phase, with rising interest rates, cautious buyers, and inflated expectations leaving properties to linger on the market for longer. Analysts now warn that the once-buoyant optimism surrounding the housing recovery has failed to translate into actual sales momentum. Buyer and Seller Disconnect Grows After surging back in 2023, property prices across major cities are now flattening, and buyer inte…
·New South Wales, Australia
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