Negative gearing pumping house prices, but they're not overvalued yet

By Jonathan Shapiro
Updated July 25 2014 - 9:08am, first published July 24 2014 - 4:23pm
Australian house prices aren't overvalued yet, but there are 'worrying trends' in some states, Moody's reports.
Australian house prices aren't overvalued yet, but there are 'worrying trends' in some states, Moody's reports.

House prices are not overvalued yet, but negative gearing tax breaks have added almost 9 per cent, or $44,000, to average prices, financial group Moody's Analytics has reported.