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Melbourne property market very resilient and may return to heady heights of 2009 in some sectors

Posted on 30 January 2013

The Melbourne property market had everything thrown at it at 2012 with low clearance rates, international reports that stated it is overvalued and a barrage of negative reports in the media suggesting the market was going to experience a US-style crash.
But the latest figures from the REIV show not only did the property market hold its ground, but it actually began to pick itself up from the canvas and showed significant growth in the last quarter of the year………………………………………..Full Article: Source


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