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Recent research from CoreLogic showed that home market continued to weaken through September, with national dwelling values declining 0.5% over the month. This marked a year of consistently dropping values across the property data provider’s national hedonic home value index.
According to a recent study from St. George bank, Australians are discouraged from applying for mortgages due to the drudgery of the application process.
AMP Bank recently announced that is putting a stop to its self-managed super fund (SMSF) property lending amid a weakening market.