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From Hong Kong to Sydney, home prices in Asia's priciest cities are falling
The turnaround couldn't be more abrupt after low borrowing costs and a fear of missing out during the pandemic spurred a global property frenzy that stretched from Toronto to Auckland. Sydney's prices soared almost 27 per cent last year, while values in Singapore jumped the most in more than a decade and Hong Kong remained the world's least affordable place to buy a home.
