Biggest fall in housing prices in 23 years BOS
The Bureau of Statistics released its survey of detached housing this week which revealed prices fell 6.7% across Australia (except Hobart and Darwin) for the 12 months to March 30. This is the biggest drop in the surveys 23 year history. Perth...
The Bureau of Statistics released its survey of detached housing this week which revealed
prices fell 6.7% across Australia (except Hobart and Darwin) for the 12 months to March
30. This is the biggest drop in the surveys 23 year history. Perth dropped 10.1% and
Sydney 7.3%. Melbourne dropped 6.7%, Canberra 5.1% and Adelaide just 1.9%. Take
out the positive effect of the First Home Buyers Grant and the drop for mid level homes
would have been far greater.
