Core Logic-RP Data has released new research showing that the current housing “boom”, which has been underway since May 2012, is far weaker and much narrower than the 2001-04 and late-1980s booms:
For example, in Sydney prices have risen by 38.8% since May 2012, which is well below the 60.2% rise from 2001-04 or the near doubling of prices in the late-1980s.
