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RPData forecasts

Discussion in 'Real Estate' started by Jacque, 1st Sep, 2008.

  1. Jacque

    Jacque Team InvestEd

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    National Property Indices Reveals Good Time to Start Buying

    The latest release of the RP Data/Rismark International National Property Values Indices shows that Australia's residential property market continued to lose some ground during July with national dwelling values down by 1.81 per cent over the seven months to July 2008.

    Tim Lawless, RP Data's national research director said, "The falls have been modest particularly when compared with the share markets where the S&P/ASX 200 fell by 21.5 per cent during the same period."

    Rest of article here
     
  2. crc_error

    crc_error The Rule of 72

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    I agree, if your portfolio is looking to add a IP, then I think now is a great time to get one...
     
  3. Billv

    Billv Getting there

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    Mine is...:D
     
  4. Billv

    Billv Getting there

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    Jacque,

    Thanks, I find it interesting that they are predicting the direction of the Sydney market/s but they don't do this for any other city.

    Cheers
     
  5. Jacque

    Jacque Team InvestEd

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    The article covers all the cap cities but perhaps because Sydney's been in the doldrums for so long they want to focus on it?