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Australia: Housing price report

Posted on 08 January 2013

The Australian property market has been through its second consecutive year of falling prices, but Sydney’s properties have defied the trend. Prices have risen over the past twelve months, with real estate experts predicting the market should get even better in 2013.
It’s a well-known fact that what goes up must come down, so it’s now wonder that after the historic price highs of 2010, Australia’s property market took a big hit in 2012. The latest figures from property analyst firm RP Data shows on average house prices across our capital cities fell point four per cent last year………………………………………..Full Article: Source


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