Are house prices crashing or just correcting? With prices declining, a suite of tax changes taking effect and interest rates rising, many Australians are asking what's next for the housing market. The US Federal Reserve's decision to lift rates has also renewed pressure on the Reserve Bank ahead of its meeting later this month.
While economists say prices should start to recover next year, Australia's housing problems are expected to take longer to fix.
Angelique Donnellan reports.
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