Daily Archives: 04/05/2010

Australian Real Estate Market Fundamentals do not suggest a likely 50 per cent drop in house prices – REIA

he Real Estate Institute of Australia (REIA) have suggested that Mr Edward Chancellor was being too simplistic in his analysis of the Australian Real Estate Market. REIA do not agree that house prices are more than 50 per cent above their fair value.   Mr Chancellor’s comments compare house prices to income only and does not take into account the Australian ...

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