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| Subject:
Has the Australian housing market declined?
Category: Business and Money > Economics Asked by: madusa-ga List Price: $30.00 |
Posted:
18 Apr 2006 05:56 PDT
Expires: 18 Apr 2006 16:55 PDT Question ID: 720132 |
The Australian Housing Market By early 2004 some commentators were predicting that australian house prices had been driven up too far and that they would start to fall. Has the prediction come true? |
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| Subject:
Re: Has the Australian housing market declined?
From: ashokkrishna-ga on 18 Apr 2006 06:18 PDT |
Yes and No. Here' are some figures that might be some interest to you. http://www.abs.gov.au/Ausstats/abs@.nsf/e8ae5488b598839cca25682000131612/70fff157fb8e05b9ca2568a90013937b!OpenDocument Quote from the article: Over the twelve months to September quarter 2005, preliminary estimates show that established house prices rose 1.0%. Annually, house prices rose in Darwin (+21.9%), Perth (+17.7%), Adelaide (+4.2%), Brisbane (+2.9%), Hobart (+2.9%), Canberra (+2.4%) and Melbourne (+1.4%). House prices fell in Sydney by 4.7%. regards! |
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