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Property supply catching up with demand?

Property supply catching up with demand?

Australia's property market has remained tilted in favour of sellers for the 10th straight quarter but the balance is shifting.

LJ Hooker reported that its buyer/seller index pointed towards sellers in the December 2014 quarter, as it has since the September 2012 quarter.

However, the balance shifted towards buyers, with an eight per cent increase in sales surpassed by a 13 per cent jump in listings.

Read the full article at REB Online

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