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Amidst headlines pointing to a potential recovery in the housing market, building approvals and home sales remained underwhelming, recent industry figures show.
Recent developments in the housing market have the potential to send it booming again, spurring concerns amongst economists and market watchers of a worsening debt situation in the country.
Australia's auction market hit a snag last week, recording a lower number of auctions due to the AFL grand final hype in Melbourne, according to CoreLogic.
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