Australian home prices turning back up again
After a brief downswing, national average property prices hooked back up in February, reflecting the anticipation and then reality of the RBA starting to cut rates. Most cities saw gains between 0.2%mom to 0.4%mom with the recent losers of Melbourne, Hobart, Canberra and Sydney picking up as the booming cities of the last two years – Brisbane, Adelaide and Perth — continue to slow as poor affordability impacts them. Continue reading below.
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