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House prices jump $52,600 in three months, and the Reserve Bank says it can’t do much about it – ABC News

Reserve Bank governor Philip Lowe says he understands concerns about rapid house price growth, but it’s helping household wealth…

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Australian house prices are now 19 per cent higher than they were before the pandemic, but the Reserve Bank of Australia won’t be lifting interest rates to dampen them.
Key points:

  • The Reserve Bank expects to keep the cash rate at record lows for a few…

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