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UBS does the outrageous Australian stimulus boom!

April 6, 2021 - 00:05 -- Admin

Via the excellent George Theranou at UBS: Mar-21 home prices surge 2.6% m/m, fastest since 1988; sales spike ~43% y/y CoreLogic dwelling prices boomed 2.6% m/m (sa, 2.8% nsa) in Mar-21, the strongest in 33 years since 1988 (after 1.7%); to be up 6.1% y/y (after 3.9%). Prices are a record high level, & up

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