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Australia: House prices ease in Sep qtr: ABS

Posted on 01 November 2011

House prices slackened off in the last quarter but still gave 110 per cent over the decade. Figures from the Australian Bureau of Statistics (ABS) on Tuesday showed the average price of an established house in Australia’s capital cities fell by 1.2 per cent in the September quarter, and by 2.2 per cent over the past year.
Prices remain relatively high, though, having still risen by 110 per cent over the 10 years to September…………………………………………Full Article: Source


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