Relevant:
- Australian House-Price Gains Slowed in Third Quarter After Rate Increases
- Australian House Prices Decline as Rise in Borrowing Costs Weaken Demand
- Australian House Prices Fall for Fifth Straight Quarter
- Australian Building Approvals Drop, Adding to Case to Keep Rates Unchanged
- Builders Tap Boom in Mining Towns as Home Prices Sag in Australian Cities
2011-05-02 — bloomberg.com
"An index measuring the weighted average of prices for established houses in eight major cities slid 1.7 percent from three months earlier, the biggest fall since the third quarter of 2008, the Australian Bureau of Statistics said in Sydney today. There was a decrease in transactions in Queensland's capital, Brisbane, it said."
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