In February, the average cost of housing in the country increased by 1,4% on the previous month. In comparison with last February's prices rose by 12,7% - to an average of 455 thousand Australian dollars ($ 416.8 thousand), according to a report of research real estate company RP Data. After the December price reductions real estate in Australia again started to rise in price in January and February. Experts believe that the pace of price growth will slow down and then up to 2010 will amount to 5%. For comparison, last year the figure reached, according to various estimates, 11,5-13,6%.
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