Brisbane homeowners suffer greatest losses in Australia
http://www.news.com.au/money/property/brisbane-homeowners-suffer-greatest-losses-in-australia/story-e6frfmd0-1226126607452
But on a yearly basis, Brisbane takes first prize. The national trend in house prices is merely starting to turn lower. The decline in prices is likely to accelerate over coming years - just as it did in the US and Ireland and every other housing bubble deflation.
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