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Australia: First home buyers returning to property market

Posted on 10 November 2011

Early signs the property market is beginning to improve and that first home buyers are returning has boosted sentiment among industry analysts, but some experts are warning the market still has a long way to go before it starts reversing its decline.
The positive sentiment was sparked by new home financing figures released by the ABS that show the number of dwelling commitments for owner occupied housing rose by a seasonally adjusted 2.2%………………………………………..Full Article: Source

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