Australian housing cheaper





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01.08.2010 11:19
Property News | Australian housing cheaper In June, the average value of residential real estate in the country decreased by 0,7% on the previous month .

Compared to June 2009 house prices were higher by 10,5%, according to a report of the company RP Data. The statistics of prices on the Australian residential property accounted for the major cities, is the capital regions.

Recall that in May, the Australian housing has risen in price by 0,6%. In recent months the pace of price growth gradually slowed down, which was caused by government measures regulating the market - in particular, by raising interest rates on mortgage loans and a reduction in public assistance programs for home buyers.
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Content tags: Overseas property Housing
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