McGrath results: Correction to run another 12 months: John McGrath - The Australian Financial Review

While much of the correction to house prices has already played, the cycle could extend another six to 12 months, according to agent John McGrath. The big unknown is what happens when a wave of fixed-rate mortgages roll off over the next year.

Prominent agent John McGrath, who leads ASX-listed real estate agency McGrath, expects the housing correction to play out for another 12 months, while warning the major unknown still facing the marke… [+1157 chars]

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