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Originally Posted by Rocky
It's really difficult to put a figure on it.
Some places have doubled.
Some places that couldn't sell at any price have now sold at the sellers requested price.
If I were to take a wild guess, I would say that the prices are up 50%.
WIll it cost you more next year? Yes.
Is it a good idea to rush out and buy something now? NO, unless you are really well informed. Better you should pay a bit more for a property than buy the wrong place.
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AMEN to that Rocky!!!!!
A LOT of the properties being bought now might well be back on the market next year when the buyers realise that the DR is not the Dream Home they thought it was going to be. THOSE properties might well be going for LESS than they are now being bought at!! Come here first, do a HECK of a lot of looking around & asking questions before going down the house buying route. Get to know the people, get to know the culture & most of all, get to know what is a GOOD buy & what is FAR from a good deal!!! - Grahame.