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House prices give back some ground in October

Posted by medicalfinancial on 1 November 2012

The latest RP Data Rismark house price report was released today. The takeouts are below:

  • House prices in October, break the mould from recent months’ rises
  • Prices declined 1.0%, to be down 1.1% in year earlier levels.
  • Flies in the face of some of more reporting during the spring selling season; more than sufficient supply evident.

Below is a link to the NAB economic view:

http://www.medicalfinancial.com.au/images/121101HousepricesPMIOct12.pdf

Author: medicalfinancial
Tags: News Wealth Creation

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