House price growth is expected to slow to a crawl in the coming year, weighed down by job fears and cost of living pressures.
National house prices are expected to grow just 1.5 per cent in 2015, while rents are tipped to rise only 0.8 per cent, according to National Australia Bank's latest residential property survey on Wednesday.
Foreign investor activity reached a new high in Victoria in the final three months of 2014, with offshore buyers snapping up one out of every three new homes, the report said.
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