Published: March 25, 2020
Massive job losses and ban on house inspections and on-site auctions will create a short-term hit, economists say
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Economists have forecast house prices in Australia will fall following coronavirus-related restrictions on real estate operations and the mounting tally of huge job losses across the economy.
On-site auctions and open house inspections will be banned from midnight on Wednesday under the government’s latest attempts to prevent the spread of Covid-19.
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