Is Australian Property Entering a Buyer's Market?
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Is Australian Property Entering a Buyer's Market?
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Is Australia entering a buyer's market? Dwelling values in both Sydney and Melbourne are slowly beginning to dip and sellers are having to adjust their expectations. This does mean that buyer's are in a better spot than they have for years, but supply remains constrained. Typical buyer's markets have supply outstripping demand, but that simply isn't the case in Australia, placing the market in a weird spot that's probably more correction than recession.
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