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Coronavirus: Why pandemic house prices are leaving some Aussies unhappy

Million-dollar homeowners copped a big hit in real estate during COVID-19, and they are not happy about it. A survey found seller happiness was down 21 percent for Australians who sold property worth more than $1.5 million in April, compared to the first financial quarter of 2020. The figures were recorded by Australian real estate rating and ranking…

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When are Australia’s property prices expected to go up?

A plunge in population growth may delay a rebound in Australian property prices, despite growth in the housing market in the months before the COVID-19 lockdowns. It may take until the second half of 2021 for the property market to see a gradual recovery, property consulting firm m3property predicts, assuming a potential second coronavirus wave…

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