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Australian Real Estate
Australian Housing Prices have surged by a massive 6,556 percent since the early 1960’s- an average increase of 8.1 per cent every year
Source: BIS Bank of International Settlements
These findings are from BIS which researched the 47 countries in year 2017 on housing prices advanced and emerging economies)
Strong housing market conditions have boosted household wealth over the past quarter of a century
The housing market has shown extraordinary changes over last 25 years which has pushed national median house price values 412% higher, over the same period, the ASX All ordinaries index has risen by a substantially lower 261%