Australian house prices rise again amid shortage of new homes and tight rental market
by Australian Associated Press from World news | The Guardian on (#6ADSE)
CoreLogic research director Tim Lawless says rising migration levels are also playing a role
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Sydney has led a turnaround in national property prices after the market tracked down for 10 straight months.
The 0.6% uptick in national home values as measured by CoreLogic marks the first positive result after rising interest rates began forcing prices down last year.
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