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September 30, 2009

Adelaide real estate market sluggish to recover

Filed under: news — admin @ 4:16 pm

Recent data released show that Australian house sales volume has jumped 32%

Perth real estate home sales grew a whopping 60%, while in contrast sales volumes for Adelaide were almost stagnant with little scope for growth. Sales increased by just just 9% from June 2008 – 2009. The recovery for Adelaide is taking more time than other cities in Australia, however this last June quarter saw sales increase by 20%.  As of now the Adelaide market should move closer to the growth that other major cities in Australia are experiencing.

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