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Home>Moody's Cools Australia Housing Fears

Moody's Cools Australia Housing Fears

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Thu, 24 Jul 2014

SYDNEY--Despite sharp gains in Australian house prices over the past year fanned by record-low interest rates, Moody's Analytics said that prices are overvalued only in some states, not across the country as a whole. In a report Thursday, the firm said some hot spots were emerging, and that concern
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