House prices heading for worst fall in over 40 years: Jarden - The Australian Financial Review

Higher-than-expected increases in rates and inflation will cause the biggest housing slump since at least 1980, according to the major investment bank.

Price declines in Sydney and Melbourne were likely to be larger and faster, according to Mr Cacho. This would be the largest house price correction since at least 1980, in both real and nominal term… [+1848 chars]

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