Property Klondike grips the nation in 2003

There were plenty of winners as the nation this year embraced a property Klondike fuelled by low interest rates and population growth.

Real estate agents were circling, banks were rubbing their hands and home buyers were queuing up.

But change is in the wind.

Deutsche Bank senior economist Darren Gibbs says the residential property boom that engulfed most of this year may have peaked.

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