Sydney house prices have biggest monthly fall for 14 years and Melbourne close behind

Peak-to-trough fall in Sydney expected to be 15%, the biggest reduction since CoreLogic began logging numbers

House prices in Sydney have recorded their biggest monthly fall for 14 years and remain on course for one of the steepest drops ever.

Prices in the city fell 1.3% in November, compounding hefty falls in preceding months, according to figures from data researcher CoreLogic.

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from The Guardian https://ift.tt/2Q41QTh
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