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Specufestors continue to drive Sydney/Melbourne housing markets

August 11, 2017 - 11:52 -- Admin

By Leith van Onselen Australia’s speculator frenzy has continued, according to today’s Lending Finance data for June, released by the ABS. As shown below, the annual value of investor loans in New South Wales (read Sydney) rose for the 11th consecutive month, with Victoria (read Melbourne) – the second hottest market – also registering another increase.

The post Specufestors continue to drive Sydney/Melbourne housing markets appeared first on MacroBusiness.

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