Monday, May 29, 2006

Syndey homebuyers who have bought at the peak in 2003 have lost 10%

Sydney Morning Herald: 10% fall in house prices as demand heads west

SYDNEY homebuyers who bought at the top of the market have lost 10 per cent of their capital, new Bureau of Statistics figures show. Those buyers would, on average, have earned a 51 per cent gain if they had bought in Perth instead.

Posted by Willchum @ 08:17 PM (666 views)
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