Bloomberg News

Australian House Prices Decreased 1.2% in Third Quarter

October 31, 2011

Nov. 1 (Bloomberg) -- Australian house prices fell 1.2 percent in the three months through September, the Bureau of Statistics said in Sydney today.

The median estimate of 19 economists surveyed by Bloomberg News was for a 1.5 percent decline. Prices dropped 2.2 percent from a year earlier.

To contact the reporter on this story: Michael Heath in Sydney at mheath1@bloomberg.net

To contact the editor responsible for this story: Tim Smith at tsmith58@bloomberg.net


We Almost Lost the Nasdaq
LIMITED-TIME OFFER SUBSCRIBE NOW

(enter your email)
(enter up to 5 email addresses, separated by commas)

Max 250 characters

 
blog comments powered by Disqus