House prices keep falling

aruba

HOUSE prices on average fell again in the final three months of 2008, a third straight quarterly decline, new data shows.

Despite cheaper mortgages and greater incentives for first home buyers, prices of established homes on average fell 3.3 per cent in 2008.

The Australian Bureau of Statistics house price index released today shows average house prices in Australia's capital cities fell by a further 0.8 per cent in the December quarter.  Economists had expected a 1.0 per cent decline.

The worst hit cities during the quarter were Melbourne (down 1.7 per cent), Brisbane (down 1.2 per cent) and Perth (down 0.9 per cent.)

Over the year, Perth prices fell 6.7 per cent, while Sydney and Canberra prices were both off 4.1 per cent.

The Reserve Bank of Australia (RBA) is widely expected to cut its cash rate again by at least 75 basis points when its board meets for the first time this year tomorrow.

The central bank slashed the rate by 300 basis points between September and December last year in attempts to stave off a recession.

The Federal Government also doubled the first home owners grant to $14,000 for the purchase of existing houses as part of last year's $10.4 billion economic stimulus package, and to $21,000 for newly built homes.

大脑袋

我个人认为房子跌主要是因为以下几点：
---股票大跌，需要套现房子来来平仓。所以好多高价房跌的很严重，因为这些人很有钱，买了很多股票，股票跌了又没有先进 只能卖房子了
---失业率高，好多人失去了还贷款能力 所以卖房。
---前几年买房子的人 当时贷款利息特别高，现在降的这么低，打破合同要罚很多钱，所以干脆卖房。
由于这些人卖房比较仓促，再加上每个人都知道经济危机，都知道这些卖房子得人现在缺钱用，所以趁火打劫，把价钱压得死低。所以导致了房价跌了。。。。。。
也不知道我分析的有没有道理。。。见笑了

江南叶

我觉得最后的硬指标就是看失业率，失业率上升到什么程度，房价就会受影响到什么程度，今年会是失业率一直上升的一年。