04.06.2012 - Property prices "bottom out"
Australia’s home values have suffered the biggest fall in six years, defying the Reserve Bank’s efforts to spark a recovery in the property market. According to the latest statistics from RP Data, Australian house prices have fallen 5.3 per cent since the beginning of the year. But despite the drop in prices, RP Data chief executive Graham Mirabito said the news isn’t all bad...............................................Full Article: Source
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