All Posts Tagged With: "dwelling"

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Are Aussie House Prices in a Bubble?

First off, house prices are still rising in Australia, but for the second month in a row sales are falling. Here in Melbourne, the average house price is now $510,000 according to the RP Data Index. Melbourne prices are up 15% since January. Granted, that’s not quite as good as the stock market this year. The All Ords is up nearly 30% year to date. But it’s not bad for houses is it?

December 1st, 2009 | Dan Denning | 101 comments | Continued
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