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Australia: National property prices roundup for 2012: RP Data

Posted on 17 December 2012

It has been another comparatively weak year for the residential housing market, with data to November indicating that capital city home values have fallen by -0.1% over the year. As we enter 2013, Australia’s housing markets are likely to remain relatively flat. However, in some sectors we may see capital gain increases over the coming year.
As per the current status quo, there is likely to be a continued variance in performances from city-to- city and region-to-region. Property markets in Sydney, Brisbane, Perth and Darwin, where home values have corrected more than the other capital cities, may be the markets to watch for improving conditions………………………………………Full Article: Source


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