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Perth house prices weakest in Aust

Figures released by the largest property database in Australia have revealed the value of homes in Perth fell 2.1 per cent in the three months to May.

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Bedford
As a settlement agent I am not surprised dealing with properties all over WA and with people from all walks of life buying and selling The drop will make the market more realistic and level the playing fields While some may be unhappy due to teh value dropping this is the property cycle and it will reoccur that prices are overinflated when the cycle turns

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