Sydney house prices are tanking. In Australia’s most populous city, values have fallen 10.1 percent -- even further than declines in the late 1980s when the country was on the cusp of its last recession. They’ve had a good run: Sydney was the epicenter of a national property boom that saw the average price of a home in the city soar past A$1 million ($720,000).

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Topics:  australia s   a   sydney   property   city   
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