Daily Archives: 28/05/2010

Australian homes overpriced – IMF

AUSTRALIAN house prices are massively out of whack and will be brought back to earth, an expert says. In an analysis of house price busts in the OECD since the 1970s, International Monetary Fund economist Prakash Loungani told a conference in Washington that house prices would fall much farther and for much longer, Dow Jones Newswires reported. Likening the current ...

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Consumer Affairs to Publish Property Sales Data

Consumer Affairs Victoria (CAV) has announced that it will start publishing property sales data on its website in order to help keep prospective buyers and sellers informed. The information published will include: * data sources for property prices; * calculators that can make estimates of the prices of individual properties based on comparable sales; * guides on to how to ...

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