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Australia: House price crash unlikely: study

Posted on 27 June 2011

Australian house prices are unlikely to fall dramatically over the next two years, according to a new study, with steady residential property prices forecast through 2011, and prices in some capital cities even tipped to show moderate growth.
According to a report by BIS Shrapnel, Residential Property Prospects, 2011 to 2014, the residential housing market, which weakened in 2010, is expected to improve from 2011/12………………………………………..Full Article: Source

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