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PROPERTY price growth is predicted to soften significantly next year, with unit prices in many capital cities expected to go backwards.
The latest NAB Residential Property Survey has forecast a much more subdued property market in terms of price growth in 2017.
The survey looks at the property market from two perspectives: a survey of industry experts and predictions from NAB economists.
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NAB group chief economist Alan Oster said there would be few capital cities where unit prices increased in 2017.Source:News Limited