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Has Melbourne hit the bottom?

A spike in post-auction sales could indicate the Melbourne market has bottomed out, a property expert has claimed.

NT Excerpt from the 2011 July Market report

Australia’s long hot summer has not treated the Northern Territory well. The shockwave from the hiking of interest rates by both the central banks and mortgage lenders has reverberated throughout the housing sector for months, exacerbated by bad weather. This has caused problems in all markets – especially Darwin and its stratospheric prices.

NSW Excerpt from the 2011 July Market report

Supply constraints and affordability pressures conspire to supercharge Sydney’s rental market.

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No move on cash rate

Best investment area in Melbourne: Frankston

Home values continue to decline as buyer's market persists

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Sydney, Perth and Brisbane to lead price growth

Queensland stamp duty changes favour investors

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Research tips economy on the mend

Population growth slows in 2010

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Smartline warns 'credit junkies'

Which way next for the Aussie dollar?

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