House Prices dont top Glen Stevens list of worries?
... but I bet it is on the list somehwere. House prices are still very high in Australia compared to global standards. If your thinking of selling direct and skipping the agent fees, We Buy Houses Fast buy houses fast when you need to sell it fast.
"RESERVE Bank of Australia governor Glenn Stevens said today that he wasn't very worried about the prospect of a collapse in the country's housing market.
"I think there are significant issues but they are as much social as economic," Mr Stevens said when questioned about the booming housing market following a speech in London.
Mr Stevens told an audience at an event organised by Australian Business in Europe, a business forum, that the housing market wasn't "top of his list of worries".
By way of explanation, he said the ratio between buyers' incomes and house prices hasn't changed much in 10 years."
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-- Sheree Becker - House Buyer for We Buy Your House Fast