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Housing affordability outstrips income
- January 22, 2010
- Posted by: admin
- Category: Finance News
No CommentsAustralian house prices are not as expensive as what is currently perceived, new data from Rismark has found. Rismark managing director Christopher Joye said there had been no discernible increase in Australian house prices relative to disposable incomes since the end of the last boom in 2003. “In contrast to claims that Australian house prices
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Double digit growth for housing in 2009
- January 3, 2010
- Posted by: admin
- Category: Finance News
Australian home values have delivered double digit growth in 2009, according to figures from RP Data. House prices rose by 1.1 per cent in November 2009, for a cumulative growth of 11.3 per cent in the first 11 months of last year. Extraordinary house prices in Sydney and Melbourne led to the unprecedented recovery. Over