Reports on the temporary relief provided by the decision of the Reserve Bank of Australia to leave official interest rates on hold to the property sector in Australia. Expectation for house prices to fall; Discrepancies between the various bodies that track property price rises and falls; Level ...
where large numbers of homes face developmentrestrictions. Meanwhile,zoningrules raise house prices well above thecombinedunderlyingcost. Mr Tulip’s research suggests that, again in Sydney, this increase is a whopping
House prices are also a key mediator of social inequality, sorting populations into areas with different advantages4. Recent trends have pointed to the further sub-urbanisation of poverty, as prices in the city centre rise, lower-income groups are pushed out of central neighbourhoods to areas wit...
The value of homes in the posher parts of global cities move in sync because they have become a distinct asset class. Private-equityfirms and investment trusts, not just individuals, own them. Prices in such cities are explained more by global factors, such as the yields on the safest gover...
China house prices dropped 4.1% YoY in Dec 2024, following a decrease of 4.8% YoY in the previous month. YoY growth data is updated monthly, available from Mar 1999 to Dec 2024, with an average growth rate of 7.4%. House price data reached an all-time high of 25.0% in Feb 2010 an...
1984 to 2012 Changes in House Prices: Perth has been the fastest growing City for median house prices during the 28 years from 1984, with an average increase of8.36%per year, while Adelaide in South Australia has been the slowest with an average annual rise of just6.32%. ...
Commodity prices affect the local house prices in Australia and New Zealand.A geographically hierarchical empirical model is built.Commodity prices influence local house prices directly and also indirectly.The impacts of commodity price changes are analogous to "income shocks".House price responses to co...
Neighbourhood, school zoning and the housing market: Evidence from New South Wales This paper investigates the impact of primary school zoning on housing prices in Australia. Using the combination of boundary and regression discontinuity ... FD Tchatoka,V Varvaris - 《Journal of Housing Economics》...
This has resulted in a growing demand for rental apartments and soaring rental prices. Read more House-price-to-income ratio in selected countries worldwide in 2023, by country House-price-to-income ratio150.9150.9136.2136.2131.3131.3130.4130.4129.4129.4126.5126.5124.2124.2120.3120.3120.2120.2119.9119...
Over the past decade owning a house has meant easy money. Prices rose reliably for years and then went bizarrely ballistic in the pandemic. Yet today if your wealth is tied up in bricks and mortar it is time to get nervous. House prices are now falling in nine rich economies. The drops...