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More Auctions, Fewer Loans

13 May 2010 Casula 0 Comment

Reports show that home loan approvals are decreasing, which comes as no surprise with increasing interest rates and decreases to the first home owner’s grants. With that being said, we’re seeing an increase in property auctions in Casula and Liverpool which is a great sign for real estate.

There could be a number of reasons for this.

The rest of this year will provide interesting reading as we continue to watch what happens with auctions in the Casula and Liverpool real estate markets.

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