Watch Australia's Property Sector for Clues of Global Slowdown

The minutes of the Australian central bank do not rank very high on today's agenda for investors, but they deserve attention. Together with other data and events, they cast a light on what happens when investment in residential property ebbs after a strong surge.

While their direct impact on Australia's property market is quite small, Chinese investors have contributed to strong rises in housing prices in major property hotspots such as the U.S., Canada and the U.K. Some countries acted to slow down this trend. In Vancouver, Canada, authorities introduced a 15% tax on foreign purchases last year, which sent home prices tumbling....533 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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