More than two thirds of Australians are keen to reinvest in the property market.
Article Category: Property & Housing
By http://news.thebrokerresource.com.au, 20 April 2010
LAND prices are growing at their fastest pace since 2004, a new report says, raising fears that a housing shortage will push up prices and rents further.
The price of a typical block of undeveloped land jumped by 14 per cent last calendar year to a record $185,222, galloping ahead of inflation and construction costs, according to figures published yesterday by the Housing Industry Association and RP Data.
