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Australian house price growth r...

Australian house price growth rated global leader

Australian house prices have grown faster than those in any other major economy and are forecast to outstrip even countries recovering from the GFC in 2014. But low interest rates, high incomes and only modest employment declines mean Australian houses are still relatively affordable, says credit ratings agency Fitch.

Australian house prices have grown faster than those in any other major economy and are forecast to outstrip even countries recovering from the GFC in 2014. But low interest rates, high incomes and only modest employment declines mean Australian houses are still relatively affordable, says credit ratings agency Fitch.…

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