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Real Estate Market News
Interest rates are all the talk
This week we saw the Reserve Bank leave interest rates on hold but the consensus amongst buyers at today’s auctions and open for inspections was that there may well be a further drop in rates towards the end of the year.
It was clearly noticeable today that a number of new buyers have braved the cold weather to come out and start exploring the Melbourne property market as a result of cheap money available.
Many people also mentioned that the recent volatility in the share market was giving investors cause for concern. They suggested that property is a far more stable and a less stressful investment.

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