FMG 0.00% $20.35 fortescue ltd

Iron ore price, page-403

  1. 27 Posts.
    Hold on doesn't that chart just proved my point? Ie house prices have been on average increasingly every year? This chart shows percentage change from previous year right ? Otherwords tier 1 city only had price reduction in 2008-9. And from memory that's correct there was a minor pull back in beijingh and Shanghai in 2008/9. And tier 2/3 didn't experience a real price reduction year until 2014-15? And from my knowledge the last two years have also had positive price increases.

    Not sure I would call one year of price decrease price swing...Unless by swing u meant the percentage increase varied then sure. Tier 2/3 from 2005-2014 on average house prices increased by various degree depending on the year. But my point is houses prices have seen steady growth for more than a decade now. And your chart just proved my point.
 
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