1.In this assignment we are asked to identify differences in rates of change in segments of the housing market and across space. 2.quite a lot is being said and written about the effects of the global recession, interest rate reductions and the first-home buyer grant on urban property prices. 3.A useful and timely speech was given by Anthony Richards of the Reserve Bank of Australia yesterday. It is entitled 'Conditions and Prospects in the Housing Sector'. The speech can be downloaded from the RBA website at: 4.sources of Australian house price data series
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