Market Report 30th January 2011

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BUSY START TO 2011 AS OWNERS RUSH IN A LULL in Victoria’s property market at the end of last year has failed to stop home owners listing their properties for sale in early 2011.

The Real Estate Institute of Victoria yesterday reported the same number of auctions had been penciled in for February as last year.

The REIV also yesterday released the state’s sales data for January, showing 55 per cent of the 130 auctions held since Christmas had resulted in sales.

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