Thursday, March 21, 2013

Coastal Properties on the Improve

Lifestyle coastal properties bore the brunt of the GFC. Agents are now reporting the market is turning with increased sale and activity in the December Quarter (2012).

Housing markets which showed the greatest proportion of houses sold for a loss were Gold Coast, Queensland (39.4%), Sunshine Coast (34.5%) and far North Queensland (33.8%). Statistics released did not show any SA arises
in the first 20 regions.

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