Australia ranks 2nd on global house price inflation

Wednesday 5 November 2014

CBRE Global Research and Consulting has released its annual Global Living report, which examines property performance across nations relative to London.

The report reveals that out of the 18 countries surveyed, Australian house price inflation increased the second most over the past 30 years, behind the UK, rising by a whopping 221.4% in real terms over that period (see below graphic).

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About the author

Leith van Onselen is Chief Economist at the MB Fund and MB Super. He is also a co-founder of MacroBusiness. Leith has previously worked at the Australian Treasury, Victorian Treasury and Goldman Sachs.