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Storm Clouds Gather as Perth Value Drops – The Urban Developer

The winds of change have hit property prices as the first major capital city in Australia records a drop in monthly values…

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^Source: Corelogic hedonic home value index for October 2021
AMP Capital chief economist Shane Oliver said they had revised their outlook to a 5 per cent increase in 2022 and a 5 to 10 per cent decline in 2023.
Storm clouds are starting to gather for the…

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