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‘Double-dip’ house price correction will please RBA

December 8, 2023 - 00:05 -- Admin

CoreLogic’s daily dwelling values index is showing that a two-speed market has developed across Australia’s major capital cities. As illustrated in the next chart, value growth has stalled across Melbourne and Sydney, which has dragged down growth at the 5-city aggregate level. By contrast, growth remains strong across Brisbane, Adelaide and Perth: Quarterly value growth

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