where have all the buyers gone?, page-46

Looks like the investors have gone too

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http://www.abs.gov.au/AUSSTATS/[email protected]/Latestproducts/5671.0Main%20Features2May%202011?opendocument&tabname=Summary&prodno=5671.0&issue=May%202011&num=&view=

"The value of commitments for the purchase of dwellings by individuals for rent or resale (trend) fell 0.4% in May 2011, the 13th consecutive fall in the series. The seasonally adjusted series rose 3.4% in May 2011."


PURCHASE OF DWELLINGS BY INDIVIDUALS FOR RENT OR RESALE