Friday, December 03, 2004

Remember, the housing bubble is a global one.

The latest data from Australia:

% change, 2003:III to 2004:III
Sydney . . . +5.4%
Melbourne . . . +1.9%

% change, 2004:II to 2004:III
Sydney . . . -2.0%
Melbourne . . . -1.6%

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