People always need somewhere to live. Economics 101- Supply and Demand- Supply is going down whilst Demand is going up in Sydney. Therefore there will NOT be any crash.
When prices in Sydney were greater or the same 5 years ago there was no one saying houses were over valued (Where was the report saying it's harder in Sydney than in New York 5 years ago??? No, it's only just come out). Accept for interest rates, it is easier for someone to buy a home in Sydney than it was 5 years ago. Once interest rates start to drop house prices will climb once more..
houses will never be affordable rba, page-33
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$64.41 |
Change
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Mkt cap ! $12.48B |
Open | High | Low | Value | Volume |
$63.49 | $64.41 | $63.39 | $28.91M | 451.5K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 18000 | $64.25 |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
$64.43 | 629 | 1 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 500 | 63.950 |
1 | 12 | 63.400 |
1 | 40 | 62.960 |
1 | 175 | 62.950 |
2 | 100 | 62.870 |
Price($) | Vol. | No. |
---|---|---|
64.430 | 629 | 1 |
64.490 | 171 | 1 |
64.500 | 8566 | 5 |
64.650 | 154 | 1 |
64.700 | 246 | 1 |
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