Relevant:
- Australia Luxury Home Prices Fall, Listings Increase as Rates Dent Demand
- Australia Home Strains
- Australian Home Sales Sink, Luxury Units Sell for Half Cost; New Home Loans at 10-Year Low; Australia Retailers in Deep Trouble; Party Officially Over
- Wealthy Go Frugal This Holiday Amid Uneven U.S. Recovery
- London Luxury-Home Prices Climb Most Since May 2008
2011-04-13 — bloomberg.com
"Apartment prices in the luxury beachside Australian town of Noosa Heads have tumbled by a fifth since 2008 as cracks emerge in a housing market that's so far escaped the rout seen in the U.S., U.K. and Ireland."
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