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Home sales soar to a 17-year high – The Australian Financial Review

Residential property sales have risen 42 per cent over a year to their highest level since 2004, bolstered by cheaper credit,…

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The strong demand sparked a rapid rise in prices that had lifted the estimated value of residential housing stock across Australia to $8.9 trillion at the end of August.
It was only April when the aggregate measure of the housing asset class broke the $8…

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