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Rough year ahead for property market and economy claims major investment bank

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Your Investment Property | 23 Sep 2015, 06:39 PM Agree 0
Research suggests prices and clearance rates will fall in 2016 as the risk of a recession increases
  • Benji | 24 Sep 2015, 08:38 PM Agree 0
    Whilst it is speculated that the Sydney property boom has reached it's peak, prices have yet to reflect the same. Property prices have not come down at all and to the contrary strong growth has still been recorded even throughout recent months. Auction clearance rates may be down slightly but could also be because owner expectations being too high. Demand is still in balance and market indicators are still tending to the upside. Many people have predicted the property boom was over but this has not come to fruition. As for me... I'll believe it when I see it.
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