02.03.2012 - Australia: Housing market on the upturn

Home values have turned a corner after months of declines, with new research showing prices on both units and houses rose last month. Capital city dwelling values, a measure that combines prices on houses and units, improved by 0.8 per cent during February, according to RP Data-Rismark's home value index. The result follows a 1 per cent fall in capital city home prices in January when far fewer homes were for sale.................................................Full Article: Source

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