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More sales, faster selling times as land prices fall

The decline in the median price of housing lots and the shrinking of land sizes in Melbourne over the June quarter were seen as positive drivers of the city's property market, boosting sales and trimming selling periods, according to the latest data from real estate group Oliver Hume.

Regional dwelling sales slump

Australia's regional housing markets struggled to stay afloat during the June quarter this year as they witnessed declines in sales activity, according to the latest CoreLogic Quarterly Regional Market Update.

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