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ABC News

Business

Gold Coast property market cools as auctions slow down, houses spend more time on market

Gold Tim Lawless Gold Coast Ben Williams CoreLogic Pandemic

Only 42 per cent of homes that went to auction on the Gold Coast in the first week of June sold. (ABC News: Ian Cutmore)

A Gold Coast real estate agent says he has seen a shift in the region's property market in recent weeks to the point of becoming a full-blown "buyers' market" — in stark contrast to the past few years during the pandemic.

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