Home prices in Sydney have fallen for 16 consecutive months, leaving median prices down 9.5% in nominal terms. Should prices fall again in December, the current downturn will replace that seen in the late 1980s and early 1990s in terms of scale.
Global stocks are getting hammered as markets reassess the risk outlook in US-China trade negotiations. Citi has highlighted four key dates and events to watch over the next two months as negotiations play out.
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