Thursday, May 25, 2006
Sydney shows official falls in house prices
Australian Bureau of Statistics: House Price Indexes: Eight Capital Cities, Mar 2006
House prices fell in Sydney by 1.2% in the first quarter of this year and they fell by 3.1% year on year.
Posted by webmaster @ 03:46 PM (278 views) Add Comment
2 Comments
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1. Jake The Muss said...
The 28% rise in Perth house prices can be explained by the extreme shortage of space in Western Australia.
2. Inbreda said...
Yes. You're right. It can all be explained by fundamentals. And of course the effect of the new paradigm.