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We have delayed our update of the Sydney Hotspots report this year, because the market has been awash with uncertainty. Now, with the Federal Election out of the way and the changes by APRA and the RBA in the system, we can see clear air. We're glad we waited. July and August have recorded a growing body of evidence of recovery in Sydney markets. Clearance rates have steadily improved and the price data from multiple sources suggests the downturn has bottomed.


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