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Market Impact: 0.35

Australia’s Home-Price Slump Deepens, Set to Extend Into 2027

Source: Bloomberg

Housing & Real EstateConsumer Demand & Retail

Australia's national housing prices fell in September to levels last seen a year earlier as weak buyer demand deepened the market downturn. The continued price retreat signals deteriorating housing-market conditions and may weigh on real estate activity and consumer confidence.

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