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National housing values fall fastest since 2012
Perth is leading a national downturn, with residential property values across Australia falling by the heftiest rate since 2012. The CoreLogic Hedonic Home Value Index, released on 1 August, shows dwelling values across Australia slipped 0.6% in July to 1.6% lower over the past 12 months – the largest annual fall in five years. In Perth, house values dropped 0.8%…