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Property prices defy dire predictions as ABS confirms stable prices

Property prices defy dire predictions as ABS confirms stable prices

This morning’s release by the Australian Bureau of Statistics of its Capital Cities House Price Indexes for the June quarter is further evidence that the dire predictions of a rout in property prices in 2011 has not occurred, according to Monique Sasson Wakelin, managing director of property investment advisors Wakelin Property Advisory. “Taking the capital cities together, property prices have fallen just 1.9 per cent over the last 12 months,” said Ms Wakelin...

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Monique on 774 Melbourne

Monique on 774 Melbourne

A great range of questions from ABC listeners on Saturday. Click here . (image: Niklas Morberg)

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