Monday, March 1, 2010

How Australia's Housing Market Stacks Up

An interesting global perspective: Today’s SMH reported that Australia’s housing market was a strong performer in 2009 with its 11.2% annual price growth ranked fourth-best in the world, out of 34 countries where data are available.

 

Here’s how we compare with a sample of other countries:

 

Country

% Annual Price Growth 2009

Hong Kong

+ 20.8%

Australia

+ 11.2%

Britain

+ 3.3%

United States

- 2.4%

Ireland

- 11%

Dubai, UAE

- 43.2%

Latvia

- 50.2%

 

We are certainly privileged to have had such a strong and rapid recovery. Give us a call to find out how much more your home is worth today.

 

All the best,

 

Emily Jessee

Century 21 Mosman

02 9968 1700

 

 

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