WC
news reports are a dime a dozen. good luck. sell your house and try and buy back in 12 months.
http://www.reuters.com/article/idUSWEN587520110120?feedType=RSS&feedName=companyNews&rpc=43
US STOCKS SNAPSHOT-Wall St pares losses after housing data
Tweet This Share on LinkedIn Share on Facebook 0diggsdiggRelated NewsExisting home sales surged in December
Thu, Jan 20 2011
UPDATE 1-U.S. existing home sales surged in December
Thu, Jan 20 2011
U.S. existing home sales surged in December
Thu, Jan 20 2011
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NEW YORK | Thu Jan 20, 2011 10:15am EST
NEW YORK Jan 20 (Reuters) - U.S. stocks slightly pared losses on Thursday after U.S. existing home sales surged in December, offering hope for a sector struggling to recover from its worst slump in modern history.
http://www.news.com.au/money/property/sydney-property-prices-set-to-double/story-e6frfmd0-1225843302974
Home prices tipped to double in Sydney
Perth, Brisbane predicted to boom
Thousands will be locked out of market
UP TO half of Sydney homeowners are set to become property millionaires, with house prices predicted to double in the next decade.
Figures prepared exclusively for The Sunday Telegraph by Australian Property Monitors (APM) show Sydney's median property price is on target to reach $1.2 million, averaging 7.6 per cent growth per annum.
Have you been priced out of the market? Tell us below
It's good news for those already in the market but economists say housing affordability is at a crisis, blaming both federal and state governments for failing to act. They warn the Australian dream of home ownership is ending.
Suburbs as diverse as Kellyville, Campsie and Forestville are all predicted to have a median above $1 million. Affordable outer-western suburbs such as Emerton and Blackett - both ranked in the top 10 for potential growth - could all be worth more than $600,000 by December, 2019.
Read more: http://www.news.com.au/money/property/sydney-property-prices-set-to-double/story-e6frfmd0-1225843302974#ixzz1Bm8qhrH2
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