Australian housing cheaper

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.

Related article: In Spain, continue to drop prices

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.
Content tags: Overseas property Housing
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