The aggregate of worried people rushing to purchase properties may explain why property prices have escalated above the affordable level of most ordinary people. This kind of market is called a “Seller's Market” otherwise known as the best time for people who own property to sell their property for a good price as there are more buyers seeking for property. The fact is the property prices can fluctuate. Like the stock market, it goes through cycles as well. In general, the prices of properties have already appreciated approximately 20% to 30% over the past two years, and the upside for capital appreciation may be limited. ...
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