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Newcastle Herald

National

Jade Lazarevic

Hunter house prices record their biggest decline in decades

Hunter Newcastle Tim Lawless Hunter region

The Newcastle and Lake Macquarie region recorded a 2.2 per cent decline in dwelling values over the month of August. Picture by Max Mason-Hubers

NEWCASTLE'S housing downturn has gathered steam, with the region experiencing its biggest monthly fall in dwelling values since 1992.

New data from CoreLogic shows that the Newcastle and Lake Macquarie region recorded a 2.2 per cent decline in dwelling values over the month of August.

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