Steve Keen, They Hardly Knew You

The latest 12-month consumer house price expectations from Westpac-Melbourne Institute:

Some 73% of respondents expect prices to increase over the next 12 months with 15.9% expecting no change and 9.9% expecting a decline. The proportion expecting an increase compares with 53% in July and 32% – a minority – in May.

posted on 21 October 2009 by skirchner in Economics, House Prices

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