Huge sign the property market is heating up again – Yahoo Finance Australia

Australias housing market looks set to perk up from the pandemic-induced slump very soon, new data has revealed.
Mortgage approvals actually hit pre-pandemic levels during July, Finder analysis of ABS housing finance data has shown, with owner-occupier purchases reaching 1.2 billion between June and July.
Approved mortgages rose from 25,713 in June to 28,322 in July, one of the biggest monthly increases since the pandemic hit.
Judging by the surge in activity, plenty of Aussies are fired up a…

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