Jul 30
Australian Property Prices Recovering
icon1 admin | icon2 First Home Buyers, Home Loans | icon4 07 30th, 2009| icon3Comments Off

AUSTRALIA’s housing recovery is under way, with prices jumping 3.3 per cent in the June quarter – the strongest quarterly growth recorded in house and unit prices since December 2007.

The figures were revealed in the latest Australian Property Monitors’ Quarterly Housing Data report, which said Brisbane and Perth were the only markets with both house and unit median prices at less than June 2008 levels.

The...

Jul 8

CONTROVERSIAL economist Steve Keen has refused to back down from his doomsday prediction that house prices in Australia will almost halve over a decade despite growing evidence to the contrary.

Nine months after his dire prediction that property prices will fall by 40 per cent over 10 years, fellow economists have pronounced