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The property market is gathering strength, and the latest interest rate cut should only stimulate demand further, two senior industry figures have claimed.
“I am conservative by nature but all the evidence is pointing in the one direction and that is the property market along the east coast of Australia is starting to move again,’’ said Professionals Real Estate Group chief executive officer, Glyn Morgan.
“It does not matter if you are looking at information from auction clearances, sales through RP Data, the Australian Property Institute or from valuers such as Herron Todd White, the research is all saying the same thing … the market is on the improve. Read More