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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 doesn’t happen. More notable market growth may not be seen until at least mid-2022. 

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