This morning’s release by the Australian Bureau of Statistics of its Capital Cities House Price Indexes for the June quarter is further evidence that the dire predictions of a rout in property prices in 2011 has not occurred, according to Monique Sasson Wakelin, managing director of property investment advisors Wakelin Property Advisory. “Taking the capital cities together, property prices have fallen just 1.9 per cent over the last 12 months,” said Ms Wakelin...
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