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Australia: Expert claims property market not oversupplied, but employment to keep prices steady

Posted on 16 May 2011

The Australian housing market is not experiencing a shortage and rising interest rates will keep a lid on any further price growth, one property expert has warned.
The comments come as this week’s auctions results have showed the market is still recording fairly underwhelming results, with clearance rates at levels consistent with the past few months……………………………………….Full Article: Source

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