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Australia home prices rise 1.2 pct in January-RPData

Posted on 01 February 2013

Home prices in Australia’s major cities rebounded in January, according to industry data, a sign lower mortgage rates are finally gaining some traction in the economy.
Figures from property consultant RP Data-Rismark showed dwelling prices climbed 1.2 percent in January, from December. The increase turned annual growth in prices positive, with a gain of 1.8 percent compared to January 2012………………………………………..Full Article: Source


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