You are here

Australian housing 'bubble' fears overblown: HSBC economist

Friday, July 7, 2017 - 05:50

Sydney

SOARING home prices in Australia's biggest cities are driven by strong demand and a lack of supply, rather than indicating a "bubble", according to HSBC's local chief economist Paul Bloxham.

"At a national level, a key reason for rising housing prices has been housing

sentifi.com

Market voices on:

Nespresso
Pair your daily business read with the perfect cup of espresso.

Subscribe to The Business Times today to receive your very own Nespresso Inissia coffee machine worth $188.

Find out more at btsub.sg/btdeal

Powered by GET.comGetCom