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Housing market 'closer to equilibrium': McGrath CEO

The housing market has moved "closer to equilibrium" but high levels of household debt will prevent an immediate rebound in prices, according to McGrath chief executive Geoff Lucas.

Geoff Lucas: Conditions remain challenging Susan Maeng

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Larry Schlesinger writes on real estate, specialising in commercial and residential property. Larry is based in our Melbourne newsroom. Connect with Larry on Twitter. Email Larry at larry.schlesinger@afr.com

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