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Monthly Archives: August 2019
July – Market movements
The past month produced 280 residential sales for Hamilton – 28 more than the previous month. The surprise was the 5.4% increase in the median sale price – now at $590K from $560K in June. Consider selling? Now is the … Continue reading
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Reserve Bank rate cut…. How low will it go….
The Reserve Bank announced a 0,5% cut in the official cash rate – now sitting at a record low of 1%. Banks reacted promptly by announcing that they’ll follow by adjusting their mortgage rates too. This is good news to … Continue reading
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