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Australian housing market shows signs of recovery

Posted on 03 April 2013

Private data shows Australia’s housing market has started to show signs of recovery with home prices rising close to 3 percent on average over the past three months, local media reported on Tuesday.
The latest RP Data-Rismark Home Value Index shows that home prices across Australia’s capital cities rose by 2.8 percent on average in the March quarter. The index found Hobart experienced the largest growth in house prices in the quarter, up 6.1 percent, followed by Perth, with a rise of 4.3 percent………………………………………..Full Article: Source


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