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REINSW Annual Report 06-07
The 2006/07 financial year has been a trying one for the property market, with two interest rate rises, extremely tight supply, and lack of investor interest having a dampening effect. Rental vacancy rates have hit historic lows in Sydney and there has been a significant increase in mortgagee repossessions, particularly in Sydney's western suburbs.
But the news is not all bad - the Institute achieved favourable outcomes in both internal and external activities. To read all about the year that was in the Annual Report 06-07, please click here. |
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