Sydney real estate has enjoyed a price boom that has only recently shown signs of slowing. Some analysts even forecast a price fall, but others don't agree. ... The essence of the story is based on comments made by Edward Chancellor from US investment management firm GMO, who estimates Australian house prices are more than 50% above their fair value. The second article, also by Katherine Jimenez, appeared on June 16 with an even more fearsome headline: 'Australian housing ...

Original article: Is the Sky About to Fall on Sydney House Prices? by at real estate boom in australia -site:blogs.goldcoastproperty.com.au - Google Blog Search