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Pressure on property trusts to divest

HAVING embarked on an international spending spree over the past three years, Australia's bruised and battered listed property sector could be forced into a fire sale of its $70 billion offshore portfolio, after being caught up in the global economic slowdown.

No need for gloom on house prices

EVEN with the infamous Ninja loans (no income, no assets) we haven't had anything like the US sub-prime situation here.

Housing braces for further pain

Australian homes are overpriced, say analysts, who warn of sharp falls if the economy hits hard times

Beware hits from bricks and mortar

AUSTRALIA'S residential property prices are among the highest in the world.

We're in a 'mortgage recession'

IN further evidence that the property market has been spooked by rising interest rates and an uncertain economic outlook, it has emerged that the nation's largest mortgage broker last month sold 22 per cent fewer mortgages than it did in the same month a year ago.

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