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Building boom loses steam but c...

Building boom loses steam but city prices solid

The housing construction cycle may have peaked, with new-home sales slumping nearly 10 per cent last month, as the Housing Industry Association predicts a faster decline in sales and sharper falls in new-home building in the next two years.

The housing construction cycle may have peaked, with new-home sales slumping nearly 10 per cent last month, as the Housing Industry Association predicts a faster decline in sales and sharper falls in new-home building in the next two years.…

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