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Investors flee Sydney’s and Melbourne’s housing markets

August 10, 2018 - 11:57 -- Admin

By Leith van Onselen Australia’s speculator frenzy continues to retreat, according to today’s Lending Finance data for June, released by the ABS. As shown below, the annual value of investor loans in New South Wales (read Sydney) is falling fast, whereas Victoria (read Melbourne) is also falling. Investor loans in the other major jurisdictions are either

The post Investors flee Sydney’s and Melbourne’s housing markets appeared first on MacroBusiness.

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