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House prices have fell by 4 percent the past year with Brisbon and Melbourn the hardest hit.Insabon Monda from the real state institute of Victoria says prices are simply reflecting the markets.
And xxx can't push up prices,the market was what market is.If you look at these nowdays,some vendors1 propably are expecting what they would get a couple of years ago.That's not what happen.We saw a major correction in 2008 after the global financial crisis.The top in the market should feel most of all during that periode,but picked up by greater than 20 percent and it's continued to rise untill this year.So if you look at the prices in Melbourn, you look at the medians,the median is being affected2 propably mostly by the top in the market.That's propably about million dollars.Transaction at the median about 500000,480000 below,really have a move that much that should been quite stable.
Let's take a look at the markets now.The Done has closed 2 points lower. The NASDAQ gained 7 points.The S&P500 was up 1 point on close.And here the DAX has closed 11 points higher.
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1 vendors | |
n.摊贩( vendor的名词复数 );小贩;(房屋等的)卖主;卖方 | |
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2 affected | |
adj.不自然的,假装的 | |
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3 sterling | |
adj.英币的(纯粹的,货真价实的);n.英国货币(英镑) | |
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