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Australia: Where house prices are soaring

Posted on 22 October 2012

The weather’s warming up, flowers are blooming, daylight saving has begun … and once again Aussies are enthusiastic about property. So rapidly has the market mood lifted, in fact, that talk has already turned to the possibility of a fresh housing bubble, with all the issues that brings not just in terms of affordability, but a potential end to rate cuts and a dollar that subsequently dogs our exporters even more.
For now, though, we are in the cosy position of seeing the value of what we’re sitting on resume rising. Or some of us are………………………………………..Full Article: Source


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Laxman - who has written 28515 posts on Opalesque Real Estate Briefing.


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