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Australian House Prices Up 10% YTD

RP Data-Rismark have released the capital city hedonic house price index for October, showing house prices up 10% YTD.


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Here’s what $1.85 million buys you in the Sydney suburb of Paddington:


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posted on 30 November 2009 by skirchner in Economics, House Prices

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Well, you do realise that the stronger the growth in house prices, the higher interest rates will have to go.  The RBA will not tolerate a housing bubble. They didn’t in 2003, and I suspect they won’t now either.

Posted by .(JavaScript must be enabled to view this email address)  on  11/30  at  11:45 AM



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