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Copyright of International Journal of Psychology is the property of Wiley-Blackwell and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

This article provides a series of indicative house and land prices for Sydney and Melbourne for 1880-1970, which, spliced to modern data, gives price series spanning 1880-2011. The broad trends highlight no significant movement in real prices to the 1950s followed by a persistent and significant trend rise in prices in the second half of the twentieth century and into the twenty-first century. Over this long period, there have been several cycles in house prices, the two most significant in the 1880s and an unfinished cycle in the 2000s. [ABSTRACT FROM AUTHOR]