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CoreLogic: Unsold properties surging across Sydney/Melbourne

December 18, 2018 - 00:12 -- Admin

CoreLogic’s weekly housing indicators continue to show accelerating weakness. Dwelling values have fallen heavily again, led by Sydney and Melbourne: Auction clearances have crashed, again led by Sydney and Melbourne: Whereas mortgage credit remains stillborn: At the same time, listings have exploded upwards to 2012 highs as unsold ‘stale’ stock accumulates across Sydney and Melbourne;

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