Chief economist update: Don't buy now, Australian property will be cheaper
Expectations of falling house prices beget even lower house prices. This is because would-be homebuyers and property investors sit and wait for even cheaper prices thereby making it a self-fulfilling prophecy.

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Read more: Capital EconomicsHIAAMP CapitalAustralian Financial ReviewAustralian Industry GroupChinaFedHousing Industry AssociationIndex of House Price ExpectationsIndustry Super AustraliaTrumpWestpac-Melbourne Institute
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