Sales down 20% according to the REIV.And this frightening...

  1. thecook
    2,801 Posts.
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    12/06/11
    00:31
    Post #: 8529604
    Sales down 20% according to the REIV.

    And this frightening statistic,

    The number of homes for sale in Melbourne is up 50% to 42,600 compared to the same time last year according to Louis Christopher from SQM research.

    Judging by the prices on offer, this news hasn't reached the vendor's.
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