Small rise in Australian property figures heralds recovery, data suggests

[Nicholas Wallwork]

Australian house prices have risen nationally for the first time since September 2010, indicating tentative signs of a recovery in the housing market that is generally expected to gather momentum in 2012. The latest figures from Australian Property Monitors show that prices in Melbourne fared best, increasing by 1.1% in the final quarter of 2011, [...]

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[mattio]

Yes, I read and personally saw signs of recovery for Australian Property Market. I hope it will remain this way.

 

[JhaiMitchell]

What I'm experiencing is the media is scaring buyers and sellers.

If the media just went off the results and not just the next best story would think the market would remain strong and stable.