| 02.05.2011 - Australia: Official data shows home prices fell 1.7pct in March quarter as auctions continue to struggle |
| More signs of ongoing weakness in the property market have appeared, with official price indices statistics showing Australian residential properties have dropped in value by 1.7% over the March quarter. The result comes alongside auction statistics from last weekend, which show a less-than-stellar result as the number of properties on the market continues to exceed those looking to buy, experts warn..............................................Full Article: Source |