Anybody who thinks their property in Melbourne went up $75K in the past quarter is seriously deluded, as is the manic main stream press reporting.
The median is merely a middle point of sales. Obviously if there are less sales at the bottom end, the median increases.. duh.. So in the last quarter we had a change of the mix of sales.. no one paid any more for an equivalent property than a year ago..
as you were...
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more prop upramping in the press, page-7
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