Home prices outpacing earnings: IMF

By Clancy Yeates
Updated June 12 2014 - 4:08pm, first published 10:01am
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Australia is among a handful of countries where price-to-income and price-to-rent ratios were ''well above'' their historical averages. Photo: Rob Homer
Australia is among a handful of countries where price-to-income and price-to-rent ratios were ''well above'' their historical averages. Photo: Rob Homer

Australian homes are among the most expensive in the world when household incomes and rents are taken into account, International Monetary Fund figures show.

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