Monday, January 30, 2012

House Prices Emerging from Doldrums

Simon Johanson of SMH Business Day gives an optimistic report "after almost two years of gloom house prices in Sydney are showing some signs of improvement, and real estate agents hope lower interest rates will accelerate the trend."
Data from Australian Property Monitors suggests median house prices were up marginally across Australia in the December quarter, the first time since a year earlier.

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