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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 …
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Perth’s most prized suburbs | Perth Now
CANNING Vale was in demand in 2009, with more houses sold in that suburb than any other, but Guildford delivered the biggest median house price rise. Landgate Valuation Services’ figures show Canning Vale was way out in front with 506 houses sold, ahead of Thornlie …
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Perth median house price tops $500,000 | Perth Now
THE median Perth house price has jumped 8.7 per cent, sending it back up over the $500,000 mark, a level last seen in March 2008. According to the Australian Property Monitors’ Quarterly Housing report, the median house price in Perth is now $512,178. Churchlands was …
