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flag High-end Australian property market shows signs of recovery despite overall housing market slowdown.

flag Despite a recent slowdown in Australia's housing market, with auction clearance rates at 66.1% and home prices declining, the high-end market shows signs of recovery. flag Sydney's Vaucluse saw a $27 million property sale, and Melbourne's top suburbs experienced price drops, but there's an increase in buyer inquiries for properties over $2 million. flag This recovery is partly due to the anticipated interest rate cuts, which could stimulate the market further.

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