Thursday, March 31, 2011
Perth house prices fall in difficult market
Perth house prices fall in difficult market: "- Sent using Google Toolbar"
Thursday, March 3, 2011
Australian home prices world's most over-priced: Economist survey
Australian home prices world's most over-priced: Economist survey: "Australian house prices remain the most overvalued in the world, according to the latest quarterly ranking of global house prices by The Economist magazine.
Based on a historical gauge of home prices to rents between 1975-2010, the magazine estimates that Australian residences are 56 per cent over-valued, exceeding the 54 per cent over-priced rate in Hong Kong and 48 per cent in France.
Based on a historical gauge of home prices to rents between 1975-2010, the magazine estimates that Australian residences are 56 per cent over-valued, exceeding the 54 per cent over-priced rate in Hong Kong and 48 per cent in France.
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