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AUSTRALIAN HOUSING MARKET SLOWING, BUT STILL ROBUST: REPORT.

Publication: AsiaPulse News

Publication Date: 31-MAY-04
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COPYRIGHT 2004 Asia Pulse Pty Ltd

SYDNEY, May 31 Asia Pulse - Australia's residential property market was showing signs of slowing but there would be no bursting of the house price bubble in the near term, BIS Shrapnel said today.

In a report detailing its latest expectations for the market from 2004 to 2007, the forecaster said it expected demand to hold up and continued low interest rates...

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