Australia | Australian property softens as Chinese buyers retreat

Australian property softens as Chinese buyers retreat

Sydney housing prices are down 7.6% off last year's peak as Chinese purchasing eases and easy money dries up, but predictions of a full-blown collapse are overblown

Sydney, November 5, 2018 5:29 PM (UTC+8)
A woman walks by Chinese language advertisements for Australian property in Sydney's Chinatown on June 21, 2017. Photo: AFP/William West
A woman walks by Chinese language advertisements for Australian property in Sydney's Chinatown on June 21, 2017. Photo: AFP/William West
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