Tuesday, December 21, 2010

Australian Luxury Home Prices Falling

Total listings in Australia over $1 million AUS are 40% higher than normal for this time of year.

Prices of the most expensive 10% of houses in Sydney fell 7.5%, in Melbourne 10.8% in the six months ending September. (Boy data is slow to emerge from Australia...)

Australian Luxury Home Prices Fall as Rates, Dollar Dent Demand

No comments: