Nominal growth of residential property prices in usd terms reached 11.9% in 2017 in Australia, according to Eurostat. This is 2,254% more than in the previous year.
Historically, nominal growth of residential property prices in USD terms in Australia reached an all time high of 43.7% in 1973 and an all time low of -12.3% in 1985.
Australia has been ranked 10th within the group of 35 countries we follow in terms of nominal growth of residential property prices in USD terms.
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