Where to invest $5000 in ASX 200 property shares this month

PHOTO: REA Group

REA Group Limited (ASX: REA)

With recent data revealing that the Australian housing market could be close to bottoming, many believe a rebound in house prices could be coming in 2020. This would be a big lift for REA Group and its key realestate.com.au property listings website, as it could lead to a notable increase in property listings and ultimately an acceleration in the company’s profit growth. In light of this, I think now would be a good time to consider picking up shares with a long-term view.

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