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His enterprise partners are Michael Lisovetsky, now 22 (whose tech profession began in center faculty) and Dean Soukeras , 43, an experienced entrepreneur. Buying a house is a big deal.

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A sales to new listings ratio between 40% and 60% is usually per balanced housing market situations, with readings above and beneath this vary indicating sellers' and patrons' markets respectively.

Last yr, they launched an app of the same title, HomeSwipe, which they dubbed the "Tinder for condominium searching" because you swipe by way of listings to search out the house you need.

Mr Hockey points to new restrictions on foreigners investing in Australia as proof.

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