Housing In Australia

A "sold" sticker has been added to a sign advertising a house for sale in East Brunswick, a northern suburb of Melbourne, Australia, on Monday, June 28, 2010. A shortage of 200,000 homes in Australia is helping fuel a market where the median price is 83 percent higher than in the U.S. A 20 percent jump in the year to March is for now disproving those calling for a slump, such as Jeremy Grantham, best-known for his bearish calls on U.S. stocks, who says a "time bomb" is ticking in one of the world's costliest housing markets. Photographer: Carla Gottgens/Bloomberg via Getty Images
A "sold" sticker has been added to a sign advertising a house for sale in East Brunswick, a northern suburb of Melbourne, Australia, on Monday, June 28, 2010. A shortage of 200,000 homes in Australia is helping fuel a market where the median price is 83 percent higher than in the U.S. A 20 percent jump in the year to March is for now disproving those calling for a slump, such as Jeremy Grantham, best-known for his bearish calls on U.S. stocks, who says a "time bomb" is ticking in one of the world's costliest housing markets. Photographer: Carla Gottgens/Bloomberg via Getty Images
Housing In Australia
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Credit:
Bloomberg / Contributor
Editorial #:
102507133
Collection:
Bloomberg
Date created:
28 June, 2010
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Rights-managed
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Source:
Bloomberg
Object name:
AUSTRALIA HOUSING