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This weekend at Property Update, a look at Melbourne's housing prices, which dropped 3½ per cent in the June quarter.
A continued such pace of decline will cruel any fading hope of a V-shaped recovery for the economy, so there may well be further incentives to transact in the post (a stamp duty reform or holiday being one of the more obvious routes).
Click here to read about the drop (or click on the image below):
You can check out and subscribe for the free Yardney podcast here, where I was one of the guests this week.
Have a good one!
