Australia

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Australia: Housing Market Softens

Widespread house price falls have been recorded across Australia’s major cities. The market is at its weakest since 2004. Perth, which had seen the highest price rises in recent years, is now experiencing the reverse, with prices falling faster than elsewhere.

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Melbourne: Median House Price Rebounds

The median price for a detached home in Melbourne has recovered much of the ground lost in the March quarter, increasing by 4.9 per cent from $430,000 to $451,000.

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Tasmania: Average House Prices For June 2008

The most expensive area is Battery Point, Hobart …

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South Australia: Country House Prices Ease

House prices in country South Australia have eased in the June quarter to a median of $240,000, the Real Estate Institute of South Australia (REISA) has said.
REISA President, Robin Turner, said the result was a 5.8 percent drop on last quarter but 8.9 percent rise from 12 months ago.
“With all the mining boom [...]

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Australia: Job Ads continue to fall in June

Total job ads have fallen in June, extending the declines we saw in May …

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