Thursday, November 4, 2010

Oz leads world in property price growth

Australia's property price growth is the fifth best in the world, according to a new report.

The latest Knight Frank Global House Price Index found house prices rose by 18.4 per cent in Australia throughout the year to June 2010.

Singapore enjoyed the best property price growth - with prices surging 37.0 per cent in the year to June.

Read more at rebonline

Posted via email from millionplus's posterous

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Posted by Millionplus.com.au at 10:08 PM
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1 comments:

  1. Sydney is resilient at the moment to patchy demand for top end residential real estate.Properties under $AUS 1 million seem to be selling well in salubrious areas nth Shore, Eastern suburbs and Inner West of Sydney. It is likely with further interest rate rises on the horizon prices may soften. demand in Sydney driven by immigration and high employment levels with a shortage of new developments coming onto the market is positive for properties up to $AUS 750,000. Nicholas King 61 421 657 490
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