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Australia: Residential listings rise 5.6pct in September, downward pressure on prices to remain

Posted on 07 October 2011

Residential property listings increased by 5.6% in September as the spring selling season finally kicked off, with Melbourne and Sydney recording the highest increases as buyers continue to be inundated with more choice.
The new figures from SQM Research show listings rose by 20,494 since August, to a total of 383,287 across the country – 24.2% higher than at the same point a year ago……………………………………….Full Article: Source

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