Australian property prices in most areas have been holding steady in the teeth of the financial storm enveloping much of the world. Rising unemployment and a weakening economy still pose the greatest risk to housing.
Real Estate
Real Estate
Australian House Prices Mostly Easing Down
Central Bank Upbeat on House Prices in Australia
The housing market in Australia has held up pretty well compared with countries such as the US and the UK, and the Australian market hasn’t fallen prey to the deterioration in lending standards that occurred elsewhere.