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Experts say the Australian dollar could fall this year as housing prices drop and interest rates go up.
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Experts say the Australian dollar could fall this year as housing prices drop and interest rates go up.

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The Commonwealth Bank of Australia thinks that the price of a home will go up a little bit in 2022 and then go down a lot in 2023.

The rising interest rate will work against the value of real estate on the market. The market will eventually give in to the pressure of high interest rates, which will result in a decline in the price of homes.

The interest r…

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