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Real Estate Briefing - Categorized | Asia Pacific, Market Moves more

Not all Australian property markets in the same boat says RBA as vendors adopt more realistic expectations

Posted on 15 March 2013

Low interest rates have been supporting the established housing market, and prices have been moving higher in many residential markets across Australia, however they remain below earlier peaks in most markets, the Reserve Bank of Australia has noted.
The general improvement in sentiment was apparent in auction clearance rates, the bank assistant governor (economy) Christopher Kent said in an address to The Australian Institute of Building last night…………………………………Full Article: Source


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