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Australia Real Estate Sees Double-Digit Growth In 2009
‘This top end recovery has been completed in most capitals, with median house prices surpassing pre-global financial crisis highs for the first time in the December quarter in Sydney, Brisbane, Adelaide and Perth,’ he added.Bell said the extent of last year’’ median house price growth …
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RBA on housing: told you so | House prices | Interest rates
Today’s ABS score of the average established house in the state capitals jumping 5.2 per cent in the December quarter and 13.6 per cent over 2009 will do as an illustration. And remember that the best of the first-home buyer incentives were already washing out …
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Are we experiencing a housing bubble?
Here’s something I just found on Crikey. The report says that, despite a slow down in first home buyer activity, Australia’s property prices are too high. The author wants a 0.5% increase in interest rates tomorrow. Australia is in the middle of an emerging bubble …
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Trade-up buyers active but West still lags
According to a report in The Australian, Perth is in the midst of a resurgence of activity in the top end of the market. PERTH is a city with increased optimism about the resources industry and is following the general trend across the country with …
