A seasonal dip n the housing market for April was seen. Even so, the market drivers across our capital cities that we saw in the first quarter of the calendar year still indicate a continued trend upwards.
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Blindly accepting that prices will double every 7 to 10 years leads people to make grave mistakes with their investments. Nobody has a crystal ball that tells them the exact dollar value of a property 10 years from now, but that doesn’t mean that smart investors can’t establish reasonable grounds for predicting the direction and strength of market movements in the short to medium term.
