Foreign home buyers expected to more than halve this year, from 40,000 to 15,000

The number of foreign investment applications for residential housing is falling from from 40,000 last year to an expected 15,000 this year according to Treasury analysis, raising further questions about a cooling housing market.

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Buyers inspecting plans at launch for a new apartment block in Epping developed by Chinese developer Greaton.Fiona Morris

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