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PHOTO: A new report predicts the Gold Coast property market will slow down in coming months.

THE Gold Coast property market is on a downward slope, a new report reveals.

The latest report by property valuation and advisory group Herron Todd White suggests both the housing and unit markets on the Glitter Strip are “starting to decline”.

The findings are based on property market performance in major cities and regions across the country over the first half of the year and where they are likely to go in the next six months.

Following a dull period during the Commonweatlh Games, the report said agents indicated the market had improved to level back out.

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