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> similar trend in new york Similar trend all over the english-speaking world. UK: https://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/housepric
by soVeryTired 8y ago
> similar trend in new york
Similar trend all over the english-speaking world.
UK:
https://www.ons.gov.uk/economy/inflationandpriceindices/bulletins/housepriceindex/january2019 https://www.ons.gov.uk/economy/inflationandpriceindices/bull...
Ireland: https://www.daft.ie/report/2018-Q4-houseprice-daft-report.pdf https://www.daft.ie/report/2018-Q4-houseprice-daft-report.pd...
Canada:
https://housepriceindex.ca/#maps=c11 https://housepriceindex.ca/#maps=c11
Australia:
https://tradingeconomics.com/australia/housing-index https://tradingeconomics.com/australia/housing-index
My best guess is it's a rising interest rates thing. My second-best guess is that something has kicked off in China and it's slowly rippling through the world.
- YeahSureWhyNot 8y agodidnt Australia have soft crash this year?
- soVeryTired 8y agoI think they're down about 5% year on year, but after routine gains of 5% - 10% a year, I wouldn't really call that a soft crash. We'll see what happens in the coming months.
- onlyrealcuzzo 8y agoIt's not the percentage amount that matters, it's the rate of change -- which is enormous.