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A balanced market in 2011.

Wednesday, April 06, 2011

Finally after 5 years of persistence are we starting to see the emergence of balanced property market in Pittwater. Prices at all levels have adjusted over the past 3 years in particular with few sectors seeing increases and some sectors incurring significant drops in value from 2006 levels.  The winners are those who purchased prior to 2006 or more recently as they have seen gains and certainly not seen losses.  For those individuals who are relatively unaffected by the GFC with solid cash flows have a fantastic choice currently available to buy further up the property market and take advantage of the price adjustments and competition in the premuim end of the market. 

- A Morton

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