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Australian property prices are accelerating again nearly twice as fast as wages

The Guardian - 6 hours 3 min ago
Experts say interest rate cuts past and prospective are sending buyers to auctions with confidence' and gusto' Get our breaking news email , free app or daily news podcast Australian property prices are accelerating again, as falling borrowing costs ignite strong bidding at auctions even as cost-of-living pressures weigh on households. National home values rose by 1.4% over the June quarter, according to Cotality data, with every state capital city reporting gains. Sign up for Guardian Australia's...
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