The quarterly housing price report of Australian Property Monitors shows property price growth slowed markedly across all capital cities. Sydney and Melbourne were the only two cities to record any rise in median house price during the September quarter - Sydney's rise was 0.7%, Melbourne 1.2%.
Anthony Ishac writes in The SMH property magazine that the outlook is for prices to remain flat or fall slightly for the rest of the year.
It was in this context that Ray White Beecroft recorded seven house sales in seven weeks, significantly better than any other local agency.
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