| For those interested in the Australian residential property market, a long history makes for fascinating reading. Australians are fortunate because much data on real estate and financial markets is publicly available, going into depth not seen in other countries. Careful scrutiny can yield useful ratios that go back over a century and offer context for where the market is now.
Comparing housing prices to inflation is one of the more common indicators in property market analysis. If the trend is fairly even over time, then there is no indication that people are favouring housing relative to other goods and services...............................................Full Article: Source
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