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Australia: Weak housing market may be on the mend after 15-year sales low

Posted on 10 April 2012

Weak market conditions contributed to house and apartment sales dropping to near 1996 levels last year.
In 1996 there were 365,885 dwelling sales. Last year, RP Data estimates, there were 373,394 dwelling sales nationally: more than 11 per cent lower than the previous year and 25 per cent below the decade average………………………………………..Full Article: Source


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